If a relegation threat wasn’t enough, to add to the woes of Everton, they may witness points deduction after infringing profit and sustainability rules.
In their glittering antiquity of 144 years, for the first time, they may be staring at the possibility of playing in the second tier of English football. Frank Lampard’s wards are currently in the 17th position of the points table has seen them just a solitary point clear of the relegation zone.
However, the tables may completely turn if Burnley who has a game in hand can bag a win as that would condemn the Blues to the relegation zone.
As per the reports of the Daily Mail, the club is yet to divulge the records of the preceding losses and as the insiders state, the records may witness staggering losses in their ledger. In fact, the losses may exceed more than 100 million Euros as per the word in the street.
If the numbers aren’t frightening enough, to add to that the club can also be the first one to be found guilty of breaking the profit and sustainability rules which can witness them being slapped with a points deduction.
Between 2017 and 2010, the club is supposed to have incurred losses of 260 million Euros while as per the mandate, the maximum loss that an outfit can bear over a three-year period is 105 million Euros.
The deadline to submit their accounts is by the end of March. Everton may see a further rise in their losses after severing ties with Russian sponsor Alisher Usmanov as the surmised loss can very well be 300 million Euros for 20 years.
In 2019-20, Everton reported a 67 million Euros loss due to the pandemic. They may very well face a similar fate as that of Derby County who kickstarted their Championship campaign with a 12-point deduction for being a part of the administration. More to that they had to lose another 9 points for breaking the EFL rules.
As the numbers stand, if Everton suffers a similar fate that will easily put them in the second-tier English league which will be a dark chapter for the club. More importantly, the Blues haven’t really been great on the field either. From the 25 games that they have played, they have just bagged 6 wins while losing 15 games.
The fans hoped that the hiring of Lampard as a coach can flip the fortunes but the team has actually failed to find themselves in the Promised Land as they have slipped down further, staring at a dead void. The inclusion of Donny van de Beek and Dele Alli failed to conjure the desired results.
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