Leeds, Leicester and Burnley set to sue Everton for £300million following financial fair play breach
Three English teams have decided to sue Everton after it was discovered that the Merseysiders had violated the financial fair play regulations.
The Toffees received the largest points penalty in the history of the tournament when the Premier League declared them guilty and deducted ten points from their account.
As far as talkSPORT is aware, the penalty has to do with Everton’s interest payments on the new Bromley Moore Dock Stadium.
Clubs are subject to penalties if they lose more than £105 million in a three-year span due to profit and sustainability regulations.
The Merseyside club has been fined points even though Premier League officials have agreed that they have not broken any financial regulations to obtain a sporting advantage. This makes them the third team to suffer a deduction in the history of the Premier League.
Leicester City, Burnley, and Leeds United have all announced their intentions to sue as a result, putting the Toffees at risk of having to pay £300 million in damages.
It comes after Sean Dyche‘s side avoided relegation on the final day of last season, leading Leeds and Leicester to face the drop instead.
Burnley have thrown their support behind the two clubs, with the Clarets believing that Everton‘s spending breached financial rules the previous season in 2021/22 when they faced the drop.
All three clubs have repeatedly expressed their unhappiness at the fact the case wasn’t dealt with last season when a points deduction would have seen them relegated.
While Everton have signaled their intention to appeal the points deduction, it does mean that the Merseysiders face an increasingly tough challenge this term