“They told me that it wouldn’t have any effect” — Moyes insists Everton transfer plans stay on track despite Burnley verdict

David Moyes has said that Everton's compensation payment to Burnley will not impact the club's transfer business this summer.

Everton were this week ordered to pay Burnley a record-breaking compensation figure of around £35m, over breaches of the Premier League's Profit & Sustainability rules during the 2021/22 season.

Despite the Toffees being deducted eight points for those breaches in 2023/24, Burnley lodged an appeal, arguing that the they would have avoided relegation had the points been deducted from the season in which the charges related to.

Everton have appealed the verdict and released a statement expressing 'belief the ruling is fundamentally flawed in both law and fact'.

Moyes discussed the decision on talkSPORT, where he expressed his disappointment. Questioned specifically whether the financial penalty would impact this summer's spending, the Scot insisted that he has received assurances from the board that it won't have 'any effect'.

"I’m not up to the situation exactly how it is and obviously the club are challenging it at the moment as well, which is really important, but it’s really disappointing," he said.

"I don’t know if this opens a huge can of worms with other events as well. Teams who have maybe not got promoted, for example, because the Premier League teams are having problems with PSR.

"I felt that we had paid our dues, if that’s right, and we had done it already, but for this to come back to us, it feels like an individual case.