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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Everton was handed the biggest sporting sanction in the Premier League's 31-year history on Friday for breaching the competition's financial rules, with the deduction of 10 points dropping the team into next-to-last place in the standings.
The northwest club reported three-year losses totaling nearly 372 million pounds ($454 million) last season. The league's profit and financial sustainability rules allow clubs to lose a maximum of 105 million pounds ($128 million) over a three-year period or face sanctions.
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