'I'm very angry' - Ex-Everton chief rages at 'cheating' Chelsea amid transfer ban decision
Chelsea's £10million fine for their historical illicit payments to agents opens a huge "can of worms" across the Premier League.
That is according to former Everton chief executive Keith Wyness, speaking exclusively to Football Insider, who has made it clear that he is "very angry" with the leniency of the Blues' punishment from the FA.
The West London outfit have been fined £10m and handed a suspended transfer ban, after admitting to 74 breaches of FA rules in relation to their use of agents, intermediaries and third-party investment to buy players.
Wyness sympathises with Todd Boehly and the club's current BlueCo ownership, as the offences were committed before they bought the club, but he believes the final verdict has set a dangerous precedent.
The Scottish businessman is clear that the FA have totally "misjudged" their punishment for Chelsea, who he feels gained a "sporting advantage" from their misdemeanours.
He also feels that there is "more to come" with the case, such is the level of detail that Chelsea's breaches contain.
Everton and Nottingham Forest 'very upset' by Chelsea outcome
Everton’s former chief Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – has pointed towards the fact that other Premier League clubs have received points deductions for similar offences.
Both Everton and Nottingham Forest have been docked points for PSR overspends in recent years, which is also deemed to be gaining a sporting advantage.
Speaking on the latest edition of Football Insider's Inside Track podcast, Wyness explained why those clubs are likely to feel aggrieved after the Chelsea verdict.
"Chelsea under (Roman) Abramovich were running a concealed network of payments, I mean, including things like sham contracts, offshore bank accounts, shell companies, false documents, the whole thing that went on," he said.
"I'm angry with them trying to cheat to do that, but I'm not so much angry with the new owners at Chelsea, for obviously they had nothing to do with that. But I'm very angry with the FA and the way they have prosecuted this case.
"I think the FA should have made a much stronger stand on this. It's opened up a huge can of worms in my view in terms of now setting precedents.
"People like Everton and Forest will have been very upset by the outcome of this judgment given that they've taken points deductions and Chelsea have basically got away with a fine and suspended sentence.
"Now the whole crucial point comes to: did Chelsea gain a sporting advantage? I think it did, and the FA have really misjudged this one, and they're going to get a lot of criticism.
"It's being unfair in the way that sanctions are being applied. There's more to come on this one, but it's opened up a huge can of worms."
Chelsea and Nottingham Forest set for 'massive revenue loss'
Former Manchester City financial advisor Stefan Borson told Football Insider on Saturday that Chelsea, Nottingham Forest and Sunderland are all facing a "massive loss of revenue," with the new Premier League season just 12 days away.
The trio are the only remaining clubs who are yet to agree a new front-of-shirt sponsorship deal, after the recent ban on gambling companies in that department came in.
Borson made it clear that shirt sponsorships are "completely critical" to a club's revenue across a season, and noted that for a team like Chelsea, it could earn them up to £50m.
Several clubs have experienced difficulties in agreeing sponsorship deals this summer, but Chelsea are now staring down the barrel of starting the season without a deal in place.