English football’s financial fracas

Dragging footballPSRFFPUEFA fans’ eyes away from a game is difficult. But for Everton, a club in the English Premier League, the season’s most critical moments have been two rulings by panels of lawyers: the first in November, docking the club ten points for breaching the league’s financial rules; the second on February 26th, reducing the penalty on appeal to six points.Everton is the first top-flight English club to be punished under the regulations, which are called Profit and Sustainability Rules () by the and Financial Fair Play () or Financial Sustainability by , the sport’s administrative body in Europe. More sanctions may come, against Manchester City, the champions, and Nottingham Forest; Everton itself could face more trouble.