High financial losses: Everton FC is threatened with points deduction

According to a report in the Telegraph newspaper, the Premier League has recommended that Everton FC be punished with a 12-point deduction for violating financial rules.

The English football league accuses Everton of having made financial losses of 304 million pounds in the past three years, but the permitted limit is 105 million pounds.

According to the report, the case is currently being heard by an independent commission. A decision is not expected until later this year. If Everton are actually deducted twelve points, the club is in danger of being relegated from Liverpool. In recent years the Toffees have only narrowly managed to stay in the league. This season the club is in 16th place with just seven points after nine matchdays. A transfer ban would also be possible.


Violation of rules known since March

The Premier League made the alleged rule violation public in March, but did not publish any further statements about it afterwards. It was said that the proceedings would be conducted behind closed doors. According to the Telegraph, Everton FC denies violating the rules.

The traditional club, which is currently building a new stadium, is up for sale after owner Farhad Moshiri announced that he would sell his 94 percent stake. The US investment firm 777 Partners, which also holds shares in the German second division club Hertha BSC, is considered a potential buyer .

Comments are closed.