Everton have reported to the Premier League after being accused of failing to pay an agency fee… despite the fact that the Toffees are already facing a disciplinary process for alleged Financial Fair Play violations.
-An international agency alleges Everton failed to pay a fee owed over a transfer
-The case comes as Everton face a hearing over alleged spending breaches
EXCLUSIVE: Everton Faces Premier League Inquiry for Alleged Unpaid Agent Fee, Alongside Ongoing Financial Fair Play Investigation
Everton finds itself in hot water as they have been officially reported to the Premier League for an alleged failure to fulfill their financial obligations regarding an agent fee associated with a recent international player transfer.
Mail Sport’s investigation reveals that a prominent global agency has taken legal action against the club for an outstanding invoice, amounting to several hundred thousand pounds. In an effort to recover this owed amount, the agency has even enlisted the services of a debt collection agency.
Upon being approached for a statement by Mail Sport, Everton chose not to provide any comments. Nevertheless, sources within the club have countered the allegations, stating that they never formally agreed to pay the agent in question. Additionally, they highlight that the said agent was not properly disclosed in the registration documents submitted to the FA and Premier League. This development unfolds as Everton is already under scrutiny in an ongoing investigation related to alleged breaches of Financial Fair Play regulations.
Everton is accused of enlisting an agency to facilitate the signing of an international player during the 2021/22 season. However, following their refusal to settle the invoice, it is alleged that the club put forward a reduced settlement offer, which also went unpaid.
It is reported that the agency attempted to resolve the matter by contacting Everton’s owner, Farhad Moshiri, and the chairman, Bill Kenwright, in an effort to find an amicable solution before resorting to reporting the club to the Premier League.
The agency reached out to Everton owner Farhad Moshiri, left, and chairman Bill Kenwright, right, to settle the dispute before reporting the club to the Premier League.
The ongoing dispute regarding Everton’s finances has been communicated to the club’s soon-to-be owner, Josh Wander of 777Partners, who recently struck a deal to purchase the club from Farhad Moshiri.
Bringing this matter to the attention of the Premier League, the agency’s legal representatives argued that Everton failed to notify their auditors about the contested payment. Everton’s stance on this issue is that since the payment is under dispute, they argue that they were not obligated to report it, especially since their clients were not requested to furnish a credit note by the club.
The transfer took place between 2019 and 2022, the three-year accounting period which saw Everton being charged with breaking Financial Fair Play regulations in a case which is being heard by an independent commission this week.