Fears of relegation from the English Premier League are growing among Manchester City and Chelsea after 10 points were deducted from Everton’s score for breaching Financial Fair Play rules.
Everton were fined yesterday for breaching the rules of Financial Fair Play and now face huge financial compensation demands from Leeds, Leicester City, Southampton, Nottingham Forest and Burnley.
After this harsh penalty, Everton’s score was reduced to 4 points, leaving them bottom of the Premier League team standings.
Leading sports lawyer Stephen Borson, a former financial adviser to three-time champions Manchester City, says any punishment could lead to relegation if the clubs are found guilty.
He added, “Ten points seems harsh for Everton for a clear breach of financial fair play. But it reinforces that the sanctions imposed on City and now Chelsea will lead to relegation.”
City – who were charged with 115 charges of financial fair play in January – and Chelsea – who are under investigation for transfer violations under owner Roman Abramovich – could be kicked out of the Premier League, legal experts have warned.
Despite Citi’s desperate efforts to deny all allegations, lawyer K.C. Despite appointing Lord Panick to lead its cause, the fear of proving some of its transgressions haunts it.
Chelsea, on the other hand, pointed to problems during Abramovich’s time at Stamford Bridge after internal reviews of the club’s new owners.
This is the first time in its history that the English Premier League has issued points deductions for breaches of Financial Fair Play rules.
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