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Liverpool Echo
Liverpool Echo
Sport
Joe Thomas

Everton confirm stance after Premier League rivals threaten legal action over club losses

Everton has re-iterated its stance on suggestions it could face legal action over the club's finances amid reports Leeds United and Burnley have threatened to claim for substantial damages.

The two sides - relegation rivals until Everton secured Premier League survival on Thursday night - are said to have raised concerns about the club's compliance with profit and sustainability rules. The Times reported both clubs had written to Everton and the Premier League demanding details of any inquiries held into losses sustained by the Blues.

A club is permitted to lose a maximum of £105m over three years. Everton's combined losses over that period are £371.8m. Leeds United and Burnley's letter is said to have warned that both reserve the right to take legal action.

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Everton insisted the club has worked closely with the Premier League and external auditors to ensure it has complied with the laws, however, pointing to costs that can be written off under the regulations. They include the £170m losses the club has attributed to the Covid pandemic.

Claims Everton could face a points deduction over the issue have previously been dismissed by the club, which today said it was "comfortable" with the situation. It said in a statement: “We have worked so closely with the Premier League to make sure we are compliant we are comfortable we have complied with the rules. External auditors have told us what we can and cannot claim against the pandemic. If they want to take legal action then they can do so by all means.”

The Premier League declined to comment to the The Times.

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