February 21, 2024

£100m, U-turn, ‘Trouble’ – Everything we know as Leicester City claim against Everton written off.

 

There are heavy knock-on effects for Leicester City after Everton were deducted 10 points by the Premier League last week.

 

Everton were found to have broken the league’s profit and sustainability rules by an independent commission. They were given a points deduction, but that may not be the end of their troubles.

 

Leicester were relegated last season, with the Toffees finishing just two points above City in the last relegation place. Things could have been different had Everton’s punishment been implemented last season instead of this.

 

With that in mind, here’s a look at everything we know about the situation…

 

All three clubs have been told they have a viable case for compensation, which could be as high as £100 million each. That would cause further trouble for Everton, though one media report has dismissed it as ‘wildly optimistic’.

 

Parliamentary U-turn?

An early day motion for Everton’s 10-point deduction to be suspended will be considered for debate by MPs this week after it was labelled as ‘grossly unfair’ by MP Ian Byrne.

 

A motion to possibly discuss the situation in Parliament has now been put forward by West Derby MP Byrne. He requests the “suspension of all proceedings and sanctions made by the Commission until the regulator makes its own determination”. The MP also adds: “This House condemns the grossly unjust points deduction imposed on Everton Football Club by a Premier League commission.

 

“A punishment lacking any legal or equitable foundation or justification for the level of sanction and notes that financial, not sporting penalties, for far more severe breaches have been applied. [The motion] declares that sporting sanctions unfairly punish supporters and notices the improper dismissal of extraordinary mitigating circumstances outlined by Everton.”

 

777 Partners take action

Everton’s potential new owners, 777 Partners, are said to have factored in possible compensation claims from clubs to their takeover bid.

It has been reported that 777 Partners are not only fully committed to a takeover at Goodison Park, but also factored in possible compensation claims during their due diligence.

 

Miami-based 777 Partners are currently going through the Premier League’s owners’ and directors’ tests in the hope of buying out Farhad Moshiri.

 

Simon Jordan verdict

Former Crystal Palace owner Simon Jordan doesn’t believe Leeds United, Leicester City or Burnley will be successful in their bid to sue Everton for a reported £300million – despite the Toffees being found guilty of breaching Financial Fair Play regulations last week.

 

Jordan said this week : “I also can’t see those clubs lining up to sue Everton getting very far. Manchester City and Chelsea might be a little worried though.

 

“Some might question whether such a punishment could be handed down to one of the Premier League’s powerhouses but I don’t see how it can’t not be now. At Chelsea, Todd Boehly disclosed where he found the buried bodies.

 

“He can’t then turn round and say it’s not his fault. Everton’s was much more straightforward than the complicated issues facing City and Chelsea but this has opened the door for other clubs to be smacked. And I suspect they’re feeling a little more twitchy than they were before Everton’s punishment.”

 

Everton ‘trouble’ averted

Everton will avoid relegation from the Premier League again this season, despite a points deduction, according to the prediction of one pundit. But it could have been a very different story just a few months ago.

 

According to former Liverpool man John Aldridge, the timing of the deduction is one of the small mercies for Sean Dyche’s side, who now sit in the relegation zone.

“The one thing I can say to Evertonians is that the team won’t go down – they’re too good even with the loss of 10 points,” he wrote in the Liverpool Echo.

 

“If it had happened last year they’d have been in trouble, but with how they’re playing lately and with teams like Luton and Burnley in the division, there are about four or five who are nowhere near as good as Everton in my opinion. They will be pretty comfortable at the end of the season, I’m sure about that, but it puts undue pressure on them.”

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