The Premier League has recommended that Everton face a 12-point deduction in its case against them for breaching profit and sustainability rules.
The Toffees are facing the threat of severe sanctions if they lose their fight against allegedly breaking the Premier League’s financial regulations, with a decision due later this year.
According to Telegraph Sport, the Premier League has recommended the punishment to be extremely severe, and up to a maximum of 12 points.
Such a sanction would put them in grave risk of being relegated no thanks to their relegation battles in recent seasons.
The Merseyside club currently occupy 16th position and three points off the relegation zone.
Everton’s case is currently being heard by an independent commission after they recorded financial losses of £304 million over a three-year period.
This is well over the permitted amount of £105 million set out by the Premier League.
Though the final decision will be made by the commission, the Premier League is seeking a points deduction as punishment if Everton are found guilty.
Everton have stressed they have complied with the rules and insist they will “robustly defend” their position, arguing that exemptions, including those related to the coronavirus crisis, will clear them of any wrongdoing.
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Everton are facing a number of potential other sanctions, including a fine and/or a transfer embargo, but the recommended punishment by the Premier League is understood to be significant.
Any points deduction would be the first of its kind in England’s top division, and is likely to trigger panic among rival clubs.
In February, champions Manchester City were charged with breaching 115 regulations over 14 seasons from 2009/10 to last season.
Everton’s financial concerns have arisen after a period of overspending under owner Farhad Moshiri – over the past five years of accounts the club has announced losses of £44.7 million in 2022, £121.3 million in 2021, £139.9 million in 2020, £111.8 million in 2019 and £13.1 million in 2018.
Everton was a founder member of the Football League in 1888, and has, as of August 2023, competed in the top division for a record 121 seasons, having missed only four top-flight seasons (1930–31, 1951–52, 1952–53, and 1953–54).
It is the club with the second-longest continuous presence in English top-flight football, and ranks third in the all-time points rankings.
The club has won nine league titles, five FA Cups, one European Cup Winners’ Cup and nine Charity Shields.
The last time Everton won the English league title was in the 1986/87 season.
Also, the club last won a title in 1995 when they beat Manchester United 1-0 in the FA Cup final.
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Thank the All-mighty that our ‘Iwobi of Nigeria’ is no more with this Club. Their heaven can fall for all l know.