Two teams are in charge of Everton’s point deduction.
Sean Dyche’s team is now in the relegation zone after the Premier League handed Everton their biggest-ever point deduction for violating profit and sustainability regulations.
Burnley and Leeds both had a significant impact on Everton’s remarkable 10-point Premier League deduction.
Together with Everton, the two teams were battling for survival in the Premier League in May 2022.
They wrote a combined letter to league officials to inquire about the Toffees’ £371.8 million in losses over the previous three years and whether they violated any financial fair play regulations.
The Athletic reports that Burnley chairman Alan Pace and Leeds CEO Angus Kinnear signed the letter and initiated an investigation since the existing regulations only permit a maximum loss of £105 million over a three-year period.
Legal action has already been threatened by Leeds, Burnley, Leicester, and Southampton—all of whom were demoted this past season while Everton remained in the Premier League.
In the event that Everton is found to have infringed the rules, the four clubs will be eligible to request for compensation through the Premier League, according to a May ruling by David Phillips KC.
The Toffees’ 10-point deduction from Premier League officials was officially announced on Friday.
As a result of this penalty, which comes amid Sean Dyche’s team’s recent winning streak, the team will now find itself in the relegation zone.
Following its £19.5 million discovery that Everton had overspent, the commission declared, “This was a serious breach that requires a significant penalty.”
In addition, it stated that the Toffees’ practice of transferring while facing penalties “was recklessness that constitutes an aggravating factor.”
After 12 games, in-form Everton is just two points from safety, and the team has revealed how
READ MORE:The father of Luis Diaz discloses his son’s “dream” team while Liverpool issues a transfer warning.
“The Club has already informed the Premier League of its plan to appeal the ruling. The appeal procedure will now start, and an Appeal Board that is established in accordance with Premier League regulations will hear the Club’s case in due time.”
Everton finished by stating: “The Club will also monitor with great interest the decisions made in any other cases concerning the Premier League’s Profit and Sustainability Rules,” following their insistence that they had been open and honest with league officials throughout the probe. Everton is unable to speak further on this issue until the appeals process is over.”
