The Premier League has reminded Everton as well as the 19 other rival clubs that they will be punished for deceitful playing trading - just days after several clubs conducted a string of deals. Everton are one of several Premier League clubs who have been scrutinised in recent days as they signed England under-20 international Tim Iroegbunam from Aston Villa for £9m, while academy graduate Lewis Dobbin moved to Villa Park in a similarly-priced deal. As a result of such deals, Everton, Villa and Chelsea have been accused of trying to boost their finances to comply with the Premier League's Profit and Sustainability Rules before the end of the financial year on June 30. Now, according to the Telegraph, the Premier League has written to all 20 clubs to remind them that they will be punished for transfer activity that is deemed fraudulent. The report adds the Premier League will be able to request details from clubs on how negotiations took place, to ensure the transactions were conducted in "good faith". If in any case the Premier League decides that a transfer was not conducted at "arm's length", they will be able to impose fair market value rules on a deal to ensure there is no "false inflation" on transfers and commercial deals. As a result, the Premier League can demand a return of a transfer fee, in full or in part, if it is judged that the fee has been inflated and the deal was not conducted in "good faith". Join Ian Croll, Joe Thomas and Gav Buckland as they discuss the latest news coming out of Goodison Park.  Everton FC podcasts from the Liverpool ECHO’s Royal Blue YouTube channel. Get exclusive Everton FC content - including podcasts, live shows and videos - everyday.  Subscribe to the Royal Blue Everton FC YouTube Channel and watch daily live shows HERE: https://bit.ly/3aNfYav Listen and subscribe to the Royal Blue Podcast for all your latest Everton FC content via Apple and Spotify: APPLE: https://bit.ly/3HbiY1E SPOTIFY: https://bit.ly/47xwdnY Visit the Liverpool ECHO website: https://www.liverpoolecho.co.uk/all-about/everton-fc Follow us on Twitter: https://twitter.com/LivEchoEFC Follow us on TikTok: https://www.tiktok.com/@royal.blue.everto Follow us on Facebook: https://www.facebook.com/LiverpoolEchoEFC Learn more about your ad choices. Visit megaphone.fm/adchoices