David Moyes explains how Burnley compensation will affect Everton transfer budget

David Moyes is hopeful Everton’s £35million compensation payment to Burnley will not impact their transfer business.

The Toffees have been ordered to pay the record figure over Profit & Sustainability rule breaches during the 2021/22 season.

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Everton were subsequently deducted eight points during the 2023/24 campaign.

However, had the penalty been applied during the season in which the breaches occurred, Burnley would have avoided relegation at Everton’s expense.

The Clarets are now set to receive £35m in compensation and interest after suing the Premier League club.

Everton confirmed in a statement on Wednesday that they have appealed the decision.

Moyes on Everton compensation

Toffees boss Moyes has now addressed the situation after joining White & Jordan on talkSPORT.

Sharing his initial thoughts on the punishment, he said: “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.

“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.

“But I don’t know if it’s going to open up more things for other clubs to do something similar.”

Will Everton penalty affect transfers?

When asked if it will affect his side’s transfer business this summer, the talkSPORT pundit added: “They told me no, Simon.

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“They told me that it wouldn’t have any effect on it and look I was aware of this probably four or five weeks ago when it was happening that this would be the case.

“But I’m hoping that it doesn’t because last season, as you rightly say, we had a good season except the last month or so when we sort of blew up and we were in a really, really strong position.

“So if it’s anything I hope it’s a message to the Premier League. It’s so difficult. If you don’t do well you can find yourself in trouble again. We don’t want to be back in those situations we were in the past.

“My understanding is that the Friedkins were aware of this when they were buying the club and there was a possibility this could happen.

“So the answer to that is I really hope it has no effect on what we’re going to do in the summer.”

Everton finished 13th for the second successive season as they once again ended the campaign with 49 points.

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Moyes’ side were just four points adrift of European qualification, though, after failing to win any of their final six matches.

The Toffees are currently owned by the Friedkin Group, who completed their purchase of the club in December 2024.