Everton financial ‘trouble’ could give Irons relegation boost
By Hughie Southon
West Ham could get an unexpected boost in the battle against relegation following the Premier League’s decision to refer Everton to an independent commission for an alleged breach of its profitability and sustainability rules.
Should the charge be upheld the clubs who break the Premier League’s Financial Fair Play rules can be fined or deducted points.
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.
And in a club statement Everton said they were “disappointed to hear of the Premier League’s decision and will strongly contest the allegation of non-compliance and together with its independent team of experts is entirely confident that it remains compliant with all financial rules and regulations.”