It was an open secret that Everton were being financed by the Russian in an unsustainable fashion (if that was NOT the case, why were Everton unable to find alternative sponsors to a comparable level?).

The PS rules are there to ensure that clubs are sustainable in of themselves and not be reliant in external benefactors.

The £20m being bandied about is misleading. The profit and sustainability rules target is £0 lost. The £105m (or whatever it is) allowed loss is just that, it’s an allowed loss, like an overdraft on your back account. It is designed to give clubs wiggle room, not a target loss to achieve. So going over that is very serious.

Everton have acted like someone who sees that they are into their overdraft but jewel on spending when they should not. Now they are acting all surprised when the bank his them with a penalty.

Also some of the excuses Everton have given are laughable. The covid losses they posted DWARF all other clubs.

The amount of points given as a penalty can probably be argued bit the ‘only £20m over’ argument is completely fallacious.