Violation of financial rules? Everton FC faces points deduction and transfer ban

Hertha investor could get involved

Everton FC could be penalized with a point deduction in the Premier League. According to the newspaper “The Telegraph“The league association advised in view of a violation of financial rules. Liverpool are already in a relegation battle in the English elite league, which would become even more serious if they were to deduct twelve points.

In the last three years, Everton is said to have made losses of £304 million, as the league accuses the club. Losses are tolerated up to a limit of £105 million. According to the report, the case is currently being heard by an independent commission. A decision is likely to be a long time coming, but could come this year. As things stand, the Toffees’ points account would even slip into negative territory. After just two wins and one draw compared to six defeats after the first nine games, Everton only has seven points.

Everton on the transfer market: Small plus after fourth-largest minus in the league

In recent years, Everton has repeatedly sold top performers such as Richarlison (Tottenham) and Anthony Gordon (Newcastle) for large sums of money and has even generated more than the equivalent of 70 million euros on the transfer market for the last three seasons, including the current one.

On the other hand, there was an enormous transfer loss, especially between 2014 and 2020, with a loss of more than 350 million euros – the fourth highest in the league during this period. A transfer ban would also be possible as part of a punishment for the reported financial crimes.

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.

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