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Date: 2023-12-02 19:42:42 | Author: Online Gaming | Views: 840 | Tag: rng

Everton’s Premier League future could go a long way to being decided in the coming days rng

The competition’s hearing into the club’s alleged breach of Financial Fair Play rules is expected to conclude next week rng

While the outcome is unlikely to be published until next month, a guilty verdict could bring a fine or a points deduction, albeit with the latter potentially suspended rng

The charges came in March after the club posted financial losses of £372m for the previous three seasons, when the Premier League limit is £105m rng

Everton deny any wrongdoing and believe they will be cleared due to the claim they received allowances from the competition for the impact of the Covid-19 pandemic rng

Should they be found guilty, however, all of Burnley, Leeds United and Leicester City are threatening to sue the Merseyside club for financial losses rng

That could make the case a chain-reaction moment, as it would also affect the controversial proposed sale to 777Partners rng

RecommendedPremier League clubs ‘furious’ over delays to Man City and Everton financial casesThe alleged breaches over the three-year period included the 2021/22 season, when the Toffees stayed up by four points rng

An extra layer of political pressure comes from the anticipated introduction of the independent regulator, as other figures in rng football believe the Premier League is attempting to show the government it can regulate itself rng

The independent commission on the case began on Tuesday, and is expected to conclude late next week rng

More aboutPremier LeagueJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1Everton to learn Premier League fate as FFP hearing set to concludeEverton to learn Premier League fate as FFP hearing set to concludeGetty Images✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today rng

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truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply rng

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Everton’s takeover by the American investment firm 777 Partners remains on course, despite the possibility of a points deduction that could put the Merseyside club at greater threat of relegation rng

The Premier League are reportedly pushing for Everton to be deducted 12 points during an investigation into possible breaches of financial regulations but 777 are adamant they still want to proceed with plans to complete a buyout rng

Everton majority shareholder Farhad Moshiri has signed a deal with 777 Partners, who have invested in a range of clubs including Genoa, Sevilla and Hertha Berlin rng

Everton were accused of breaking Financial Fair Play rules, which are supposed to limit clubs to a total loss of £105m over a three-year period rng

But Everton announced losses £44 rng

7m in 2022, £121 rng

3m in 2021, £139 rng

9m in 2020, £111 rng

8m in 2019 and £13 rng

1m in 2018 rng

The Premier League charged them in March though Everton have insisted they have complied with the regulations and their additional losses stem involve allowances clubs were permitted when Covid meant grounds were empty rng

Everton disclosed all scenarios with 777 during talks and financial due diligence and the potential outcome was priced in to the structure of the deal rng

A 12-point deduction would leave Everton, who only just avoided relegation in the last two seasons, on minus five rng

Other potential punishments, if Everton are found guilty, could include a transfer ban or a fine, which West Ham were given for the third-party ownership of Carlos Tevez and Javier Mascherano in 2007 rng

More aboutEvertonPremier LeagueJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1777 outlines Everton takeover stance amid points deduction threat777 outlines Everton takeover stance amid points deduction threatThe Premier League is reported to have recommended Everton be docked up to 12 points over alleged breaches of financial regulations (PA)PA Archive✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today rng

SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsrng BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy rng

truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply rng

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