@Root66 The Lawyer understands that Everton plans to appeal, with a hearing hoped to be scheduled before the end of the year.
The decision is believed to be the first of its kind and will likely have a significant impact on future financial fair play disputes, with clubs that breach rules facing not only a sporting sanction but also the possibility of compensation claims from other clubs.
Manchester City and its rivals will be closely following the appeal and any legal precedent it sets.
Several Premier League clubs are understood to have lined up legal counsel to sue City for compensation, should it be found to have breached League rules in the
115 charges case brought against it.
The clubs were contacted for comment.
Legal line-up
For the claimant, Burnley FC
King & Spalding partners Tom Sprange KC and Ruth Byrne KC, senior associate Charity Kirby, and associates Liam Petch and Kate Williamson
For the defendant, Everton FC
One Essex Court’s Sonia Tolaney KC, instructed by Pinsent Masons partner Julian Diaz-Rainey