Everton could be facing a points deduction for breaking Premier League’s financial rules. Current laws in place state that English top flight teams can’t post losses exceeding $128 million over a three-year period. Everton, however, have recorded a $421 million deficit during this timeframe. This is more than three times the loss limit.
The Premier League is currently investigating the issue and a final decision could come quicker than many may assume. The Daily Mail is reporting that the league informed clubs a decision is expected before the current campaign ends. Everton, along with every other Premier League team, finishes their season on May 28.
Points deduction would put Everton in relegation zone
One possible outcome of the league’s investigation is a points deduction. It remains to be seen how many points the Merseyside club could be docked, but any potential reduction would be a massive blow. Everton currently sit 15th in the league’s table. However, the Toffees are just two points from the relegation zone. They have also played more matches than the teams surrounding them in the standings as well.
Speaking of clubs in the fight for Premier League survival, the aforementioned news outlet also claims that six fellow English teams have approached the league for action to be taken against Everton.
Although not named, the sextet are asking league officials for transparency on the issue. The clubs want things resolved before the end of the season. They hinted at a possible legal fight if Everton does not pick up punishment.
Stadium setbacks also a concern
Along with financial issues from the league, Everton are also dealing with problems with their new stadium. The Guardian has reported that plans to build the new arena are at least three months behind schedule. Everton, however, are insisting that everything is going as planned.
PHOTO: IMAGO / PA Images
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