Kieran Maguire evaluates £103m Everton claim as 'furious' rivals threaten legal action
Everton will not be sued by rival Premier League clubs if they escape punishment for breaching the financial fair play threshold.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about simmering tensions within the Premier League.
The Toffees have lost £373million over the last three years, almost four times the £105m clubs are allowed to lose under top-flight FFP rules.
The Merseysiders now have a monitoring deal in place with the Premier League in order to avoid sanctions, per the Daily Mail on 15 March.
The same outlet reported on Monday (4 April) that Everton’s league rivals are now considering legal action.
Beleaguered Everton chalked up £103m to the impact of the pandemic in their last set of accounts, which will be deducted from the FFP quota.
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And Maguire argues that this sky-high figure may be why their fellow Premier League clubs will be incensed if the Toffees go unpunished.
“Everton’s estimation of the impact of Covid has raised eyebrows,” he told Football Insider‘s Adam Williams.
“Lots of clubs have numbers that are substantially lower than that, and that’s why they are so furious.
“It has, without a doubt, cost money. But Everton are claiming that they have been hit in the transfer market because the market has softened.
“But that works both ways because the players you are signing are cheaper as well.
“The reason that some of their players are not selling for big fees is not because of Covid.
“There is certainly a concern among clubs but I don’t think they will sue. Ultimately, it is up to the Premier League to investigate.
“Clearly, there has been a precedent set by Middlesbrough and Wycombe with regards to Derby in the EFL,
“But they were in administration. Everton’s situation is slightly different.”
Everton’s financial woes would be deeply exacerbated by relegation.
Frank Lampard’s side are now just one point above the bottom three with nine games left to play.