Everton must pay £35 million in compensation to Burnley for violating Premier League financial regulations, an independent commission ruled. The decision was released on Wednesday, citing Everton's breach of rules several seasons ago. The commission found that Everton's actions were in violation of the Premier League's financial regulations. Burnley will receive the compensation as a result of the ruling. The Premier League's financial regulations are in place to ensure fair competition among teams. Everton's actions were deemed to be in breach of these regulations. The commission's decision is final and binding. Everton must pay the compensation to Burnley as soon as possible. The Premier League will continue to monitor Everton's financial activities to ensure compliance with regulations. Burnley's victory in this case is a significant one, as it highlights the importance of fair competition in the Premier League. The Premier League's financial regulations are designed to promote fair competition and prevent teams from gaining an unfair advantage. Everton's actions were deemed to be in breach of these regulations, and the commission's decision is a reflection of this.