Everton revealed they are confident of having complied with the Premier League Financial Fair Play regulations after threats of legal action from Leeds and Burnley. Both clubs have written to the Premier League after the Merseyside club recorded losses of £371.8m over the last three years. They have submitted a second letter to make sure that the club keeps all emails and data pertaining to their business activities.
“We have worked closely with the Premier League to make sure we are compliant. We are comfortable that we have complied with the rules. External auditors have told us what we can and cannot claim against the pandemic. If clubs want to take legal action that’s their decision,” Everton said in a club statement.
Burnley and Leeds want Everton’s finances thoroughly investigated and have asked for an independent commission to be set up to decide whether Everton has broken Premier League rules and whether they have a case to answer. They have asked for the commission to be set up within six weeks of the date of their letter (May 13). If there has been a breach they want rules to be enforced, and the maximum punishment is a points deduction.
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