Everton ‘confident’ they have, complied by FFP rules after Burnley and, Leeds threaten legal action..!
Leeds and Burnley wrote to, the Premier League last week to question whether, they had broken Financial Fair Play (FFP) rules after they recorded, losses of £371.8m over the last three years.
In an exclusive in The Times, newspaper on Friday afternoon, it was, reported that both clubs also indicated their right to make, legal claims against the league and Everton.
Premier League rules allow clubs, to lose a maximum of £105m over three years.
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Clubs have been allowed to, write off losses caused by the pandemic; in their, latest accounts Everton said £170m of their losses were, caused by the pandemic.
Burnley and Leeds want, Everton’s finances thoroughly investigated and have asked for an, independent commission to be set up to decide, whether Everton have 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 o,f their letter (May 13).
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If there has been a breach, they want rules to be enforced, and the maximum punishment, is a points deduction.
They want this dealt with before, next season’s fixtures are released, on June 16. They want a quick resolution – unlike the Premier League’s investigation, into Manchester City’s a,lleged breaches of financial fair play rules which have been going on, for more than three years.
There is believed to have, been encouragement from other Premier League clubs to take this c,ourse of action.