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Liverpool Echo
Liverpool Echo
Sport
Richard Garnett

What Financial Fair Play rules mean for Everton as Richarlison sends reminder

Here's your Everton morning headlines, on a very sunny Friday, March 25.

Richarlison finds the net for Brazil as Nathan Patterson sends Everton reminder

Brazil hosted Chile in a World Cup qualifier on Thursday evening and it was plain sailing for the five-time winners, cruising to a 4-0 victory. A 44th-minute penalty from PSG star Neymar Jnr. was quickly followed by a Vini Jnr. goal just before half time to give Tite's side a 2-0 lead.

Brazil were always in control and Philippe Coutinho added a third in the second half before Richarlison got his name on the scoresheet in injury time to seal the rout. Brazil remain unbeaten in their qualification group, with Argentina a distant second, some seven points behind them with a game in hand.

READ MORE: The day Neville Southall knew Everton had reached a 'turning point in their history'

READ MORE: Everton players face tough question as fans take relegation threat seriously

But there was also an international appearance elsewhere for Everton's Nathan Patterson despite not making a single Premier League appearance for the Blues this season. The 20-year-old played over an hour for Scotland against Poland and it's fair to say he left a lasting impression.

Read the full Everton international round-up HERE.

What Financial Fair Play changes mean for Everton as future question asked

As things stand, UEFA's plans to bring about reform to their Financial Fair Play regulations won't be impacting Everton too much.

The Toffees have had to contend with imposing some austerity when it comes to their transfer business this season after three loss-making seasons in a row following considerable investment into the playing side that hadn't yielded the desired result of European football saw them risk breaching the Premier League's own version of FFP, their profit and sustainability (P&S) rules.

Everton have been in dialogue with the Premier League for some time over their financial picture and the measures that are being taken to address it and move forward, although whenever FFP is mentioned there is sometimes the assumption that it is relevant to all, when in fact UEFA's FFP regulations are relevant only to clubs competing in UEFA organised European cup competitions such as the Champions League, Europa League and Europa Conference League.

UEFA are set to change FFP for a new model that would allow them greater flexibility to impose both sporting and financial sanctions on clubs that breach the rules. The new model, which will be assessed at an executive board meeting of the European Club Association today (Thursday), is believed to be referred to as 'financial sustainability regulations'.

While FFP has placed limits on the losses clubs in European competition were able to make, FSR are seemingly geared towards tying spending more directly to revenues, where clubs will eventually only be able to spend 70 per cent of their revenues on player wages and the amortisation of transfers. Amortisation being the spreading of a transfer fee paid for a player for accounting purposes over the length of the player's contract.

But while it may not be an immediate concern, although Everton would have ambitions to push on and get back among the European picture should they successfully escape the Premier League trapdoor this season, should it be a success and be adopted domestically, with the new FSR rules more akin to what La Liga has in place, then it could alter the picture moving forward.

Our Business of Football Writer Dave Powell has the full story HERE.

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