On This Day in 2007: West Ham accept fine over Tevez and Mascherano deal

West Ham confirmed they would not appeal against the record £5.5million fine imposed on them over the signings of Carlos Tevez and Javier Mascherano on this day in 2007. The Hammers were hit with the hefty financial penalty by the Premier League's independent commission as the transfers broke third-party ownership rules, but avoided a costly points deduction.