The Premier League is in danger of being sued by its own clubs, who say that the league doesn’t follow its own spending rules.
After failing to enforce spending restrictions, Premier League teams may sue Everton for £300MILLION if they avoid relegation
Mail Sport reported on Tuesday that Southampton, Leicester, Leeds, Nottingham Forest, and Burnley have told the Premier League that they will ask an independent commission for a total of £300 million in compensation if Everton avoids relegation and is later found to have broken the spending limits.
The unhappy clubs are also thinking about suing the Premier League for damages because the league has not enforced rules that say clubs can’t lose more than £105 million over a three-year time.
Everton has been working closely with the Premier League for the past two years to keep their spending in check. Every new player and contract needs to be approved by the league, and their 2020-21 accounts were passed last summer, even though they had lost £372 million over the previous three years.
A club source told Mail Sport, “It’s clear that the Premier League hasn’t done enough or cared enough to enforce their own rules.”
Everton’s Covid-19 allowances made sure they were following the rules and that they had nothing to worry about.
Last summer, Everton spent £86m on players and got James Tarkowski for free from Burnley. This brought the total amount spent on transfers in the seven years that Farhad Moshiri has owned the team to £731m.
In their most recent financial report, they said that selling Richarlison to Tottenham for £60m helped them cut their three-year losses to £313.5m.
As Mail Sport reported yesterday, the clubs asked the Premier League to move up Everton’s disciplinary meeting, but the independent panel that will hear the case said no.