A tribunal involving Everton on October 25 might have a significant effect on Leicester City and Leeds United.
Burnley, Leeds United, and Leicester City have all written to the potential new Everton owners to warn them that they will sue the team if it is discovered that they have violated the Premier League’s financial rules.
The three clubs have allegedly written to the club’s prospective new owners, 777 Partners, to let them know that the Toffees are under legal threat.
On October 25, an independent tribunal is scheduled to hear evidence from the Merseyside club over possible financial fair play violations.
Read also: Leicester City in ‘horrendous position’ as chairman says proposal poses major dilemma
If Everton were found guilty, it is unknown what punishment, if any, they would receive; nonetheless, a points deduction penalty is a possibility.
The three teams have written to Everton to warn them that they will be watching closely as they consider their legal options, regardless of what the Premier League decides.
Why would Burnley, Leeds United, and Leicester City consider suing Everton?
The Toffees avoided relegation by four and two points, respectively, in their last two seasons when they finished 16th and 17th.
Should they be proven guilty, a penalty for losing points during those two seasons may have had a big impact on how the relegation fight turned out.
Everton, Southampton, Watford, and Norwich City were all demoted in place of Everton, along with Burnley, Leicester, and Leeds.
All three of the teams taking legal action ended within striking distance of the Premier League team, suggesting they might have remained in the division had Everton been penalized sooner.
They contend that the club’s problems ought to have been resolved prior to the conclusion of the relevant seasons and that Everton’s continued existence in the top division was significantly influenced by the delay.
What will Everton do next?
The three teams allegedly threatened to sue the Premier League for £300 million if Everton were found guilty in a letter that was sent to the league and forwarded to 777 Partners.
According to reports, all three clubs are prepared to sue the Merseyside club, alleging that their expulsion from the top division has cost them each £100 million in losses.
Given that Everton is now up for sale, it is unclear how this will affect 777 Partners’ possible investment in the team.
According to reports, the investment company has agreed to buy the Premier League team for £550 million, subject to Premier League clearance.
What lies ahead for Leeds United and Leicester City?
The tribunal’s decision later this month will now determine everything.
This might have a significant impact on Everton’s future, especially if it jeopardizes the purchase attempt by 777 Partners.
Whether Leicester or Leeds will have a case is unknown. A lawyer would be best-placed to determine if a favorable outcome is probable.
Leicester or Leeds won’t be entitled anything if Everton is found guilty, despite the sluggish progress of this case being annoying and having an impact on the relegation struggle of recent seasons.
Other related news: ‘Craft’: Leeds United loanee hailed for weekend performance
