Everton's case for their alleged breach of the Premier League's financial fair play rules will reportedly take place on October 25, with the Toffees said to be facing legal action from Leeds United and three other teams.
Everton were referred to an independent commission in March over their spending from the 2021-22 campaign, in which Leeds escaped relegation on the final day and Burnley were relegated.
The Guardian claims that the Clarets, along with this season's relegated trio of Leeds, Leicester City and Southampton are readying legal action which could run into 'tens of millions of pounds' should the Toffees lose their case.
Premier League rules state that clubs are permitted to lose a maximum of £105m over three years, with the Toffees recording a £371.8million during this timeframe. That meant that at the end of the 2021-22 Leeds and Burnley met with the Premier League to question whether Everton had indeed breached the rules, with the situation being revisited earlier this year amid with the Toffees again in the relegation scrap.
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Punishments for breaking these rules can take the form of a fine or points deduction, with the Guardian report claiming that the quartet are looking for compensation claims at a separate tribunal, with relegation said to have cost each club around £100million.
This comes after it emerged earlier this week that former Everton boss Carlo Ancelotti is suing the club in a case relating to 'general commercial contracts and arrangements', while the Toffees also saw a boardroom shakeup on Monday with chief executive Denise Barrett-Baxendale, chief finance and strategy officer Grant Ingles and non-executive director Graeme Sharp all leaving their roles amid an ongoing takeover saga.
