By Admin | about 2 years ago
Premier League clubs are said to be baffled as to how Everton haven’t broken Premier League rules after the club announced £373m in losses over the last three years, according to Sportsmail.
According to the rules, clubs in the league are only allowed to lose £105m over a period of three years.
Rivals clubs are also believed to be analysing Everton’s accounts. Everton had previously delayed publishing of 2020-21 accounts to consult the Premier League over how much of their losses can be offset due to Covid.
Everton’s books only account for a total of £82m in losses for the years 2020 and 2021, but rivals suspect foul-play and have decided to look into the matters themselves. The report states that the clubs could even consider suing Everton.
A legal battle could only make matters worse for the Merseyside club as, if found guilty, punishments could be handed out in the form of fines and points deduction. In a season where Lampard and Co. are fighting for survival, points deduction could prove rather costly.
Everton have an intimidating fixture list to tackle, starting with a massive game against fellow relegation-battlers Burnley on Wednesday. A win would take them further away from the drop, but a loss would make matters trickier for the Blues.