We have breached Premier League P&S rules.
Thats money out, money in.
So whilst our FFP accounts look "ok", our profit and sustainability accounts, were we cant use crazy accounting tricks, are an utter mess.
The assessment period for which Everton have been charged covers four seasons from the start of 2018/19 to the end of 2021/22.
Everton recorded losses of £371.8m over the past three years.
But I do agree that the Onana transfer has very little to do with this breach, he was signed after this period.