Everton Football Club is facing a massive blow after being hit with a ten-point points deduction for breaching Financial Fair Play rules. However, the club is arguing that they should be commended for not suing a player, known as 'Player X', which they claim was a gesture to protect his mental welfare. Let's delve into the details of Everton's failed attempt to escape the record points deduction.
The Club's Argument
Everton's case was centered around 'Player X', who was arrested in July 2021. Despite being sacked the following month, the club chose not to sue him for breach of contract due to potential personal impact. Everton argued that the £10m they could have demanded from the player should have been factored into their financial losses, therefore minimizing their breach of League rules. However, the independent commission dismissed this argument as speculative.
Pandemic Impact
In addition to the 'Player X' case, Everton also claimed that they missed out on the transfer value of another player, 'Player Y', due to the pandemic. However, the Premier League's lawyers argued that Everton had made a decision not to sell 'Player Y', making any Covid-based financial deduction irrelevant.
A Shocking Decision
Everton Football Club expressed shock and disappointment at the ruling of the Premier League's Commission. The club believes the points deduction to be wholly disproportionate and unjust. They have already communicated their intention to appeal the decision, and the appeal process will now commence. Everton maintains that it has been open and transparent in the information provided to the Premier League and does not recognize the finding that it failed to act with the utmost good faith. The club also plans to monitor other cases concerning the Premier League's Profit and Sustainability Rules.
courtesy of thesun.co.uk
Stay tuned for updates on Everton's appeal and the repercussions for the club.