February 28, 2024

Everton are believed to remain concerned over a potential second FFP punishment which could be heading their way.

Everton had an extraordinary penalty earlier in the season when the Premier League docked the Toffees ten points, sending them into the relegation zone.

After that, Everton had a fantastic run of play in the first part of December that resulted in four straight victories, defeating Nottingham Forest, Burnley, Newcastle United, and Chelsea.

Everton may face additional penalties even if they have already been punished this season if it is discovered that they violated the Profit and Sustainability regulations for the previous fiscal year.

The worry exists even though financial analyst Kieran Maguire stated that he thought Everton should be well and not face any penalties.

 

Everton FC v Manchester City - Premier League
Photo by Michael Regan/Getty Images

Everton’s stance on potential FFP issues

According to The Telegraph, Everton are locked in an intense battle to overturn the 10-point deduction from earlier this season.

“Sources close to Everton, already fighting to overturn a 10-point deduction,” the report explains.

It is then continued to say that Everton. “also maintain privately that they believe the Merseyside club are within this year’s limits.”

This belief is in line with what The Esk reported last week that Everton should be fine and avoid a fine this year.

Lastly, there was a small update on Everton’s takeover situation.

“The club is also still waiting to find out whether its proposed takeover by 777 Partners is to get the green light.”

The 777 takeover has felt like it’s dragged on for the longest time and the hope is that finalisation could bring a financial boost which could see transfer business done in 2024.

Everton must remain financially vigilant

Even with Everton’s financial difficulties, things are reportedly starting to get better. But Everton is being cautious to avoid getting sucked back into the issue, thus loans are being considered as the right move for this window.

One player said to be considering a loan is Hannibal Mejbri, who may be leaving Manchester United.

Apart from new players joining, Everton may also benefit from sales, as Arsenal is rumored to be interested in signing Amadu Onana. The good news is that Everton doesn’t appear to be facing any severe punishments anytime soon.

 

 

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