Leeds United, Leicester City, and Burnley could sue Everton and their proposed owners 777 Partners for £300 million if they are deemed to have broken spending restrictions.
The three clubs – two from the Championship and one from the Premier League – might take the Toffees to court if it is discovered that they avoided relegation by breaking Premier League spending restrictions.
According to the Mail, Everton’s proposed new owners, American investment group 777 Partners, have received a letter from Leeds, Leicester, and Burnley via the Premier League asking the multi-club ownership firm if they are aware of plans to sue based on the outcome of an independent tribunal on October 25.
Everton is being questioned.
The Premier League referred Everton in March for potential breaches of financial fair play rules, with five clubs, including Southampton and Nottingham Forest, stating how the charges should have been heard and dealt with last season, before the likes of Leicester, Leeds, and the Saints were relegated to English football’s second tier.
The Toffees’ March charges revealed that they lost £131.5m over the preceding three seasons, considerably over the FFP limit even with Covid-19 exemptions taken into account.
777 Partners is expected to buy Everton from Farhad Moshiri, who has been more unpopular with fan groups in recent seasons.
If the Amereican investment business is successful in their purchase of the Merseyside club, which is slated to relocate into a new stadium in time for the 2025 season, Everton would join the 777 portfolio alongside Genoa, Standard Liege, and Hertha BSC.
On Saturday, Everton will play Bournemouth in the Premier League.
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