Everton set to learn Premier League fate as FFP hearing nears conclusion
A guilty verdict could bring a fine or a points deduction
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Everton’s Premier League future could go a long way to being decided in the coming days.
The competition’s hearing into the club’s alleged breach of Financial Fair Play rules is expected to conclude next week.
While the outcome is unlikely to be published until next month, a guilty verdict could bring a fine or a points deduction, albeit with the latter potentially suspended.
The charges came in March after the club posted financial losses of £372m for the previous three seasons, when the Premier League limit is £105m.
Everton deny any wrongdoing and believe they will be cleared due to the claim they received allowances from the competition for the impact of the Covid-19 pandemic.
Should they be found guilty, however, all of Burnley, Leeds United and Leicester City are threatening to sue the Merseyside club for financial losses.
That could make the case a chain-reaction moment, as it would also affect the controversial proposed sale to 777Partners.
The alleged breaches over the three-year period included the 2021/22 season, when the Toffees stayed up by four points.
An extra layer of political pressure comes from the anticipated introduction of the independent regulator, as other figures in football believe the Premier League is attempting to show the government it can regulate itself.
The independent commission on the case began on Tuesday, and is expected to conclude late next week.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments