April 14, 2024

According to Football Insider, the Everton board has officially complained about their £300 million lawsuit against Burnley, Leeds United, and Leicester City.

After being found guilty of breaking the Premier League’s sustainability and financial regulations this month, the three teams are suing the Toffees and demanding compensation.

The Daily Mail stated that the same panel that decided to dock the club ten points in their Financial Fair Play case will consider this case.

Everton appealed their points deduction verdict, and that case is set to be heard by a new panel.

However, the £300million compensation claim will be heard by the same three individuals on the FFP panel, including the chair of the commission, David Phillips KC, who has previously worked with Leeds.

Football Insider has been told that Everton have filed a complaint about the panel with senior figures at Goodison wanting new personnel assigned to the case.

Board members from Leeds, Leicester and Burnley have already met to reaffirm their plans to take legal action, and an interim hearing was held last May.

 

Phillips ruled that the case was to go ahead, adding that he was “satisfied that the applicant clubs have potential claims for compensation”.

Should Everton have to pay financial compensation to the three clubs, it would plunge the Merseyside club further into financial crisis.

Debt at Everton has already surpassed £1billion according to the Daily Mail.

Football Insider revealed on Wednesday (22 November) that 777 Partners are set to re-open talks with Farhad Moshiri to lower the takeover price.

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