Everton’s recent penalty has sent shockwaves through the Premier League, sparking concerns for Manchester City and Chelsea.
The Merseyside club faced the league’s harshest punishment, losing ten points for violating financial fair play regulations, plummeting them to 19th place with only four points.
While Everton plans to appeal, the ruling raises alarms for both Manchester City and Chelsea amid their own ongoing financial investigations.
Manchester City, facing scrutiny for 115 potential breaches of financial regulations, and Chelsea, potentially under investigation for payments linked to previous owner Roman Abramovich, now face heightened anxiety following Everton’s verdict.
Stefan Borson, a lawyer representing Manchester City, expressed surprise at Everton’s severe penalty, suggesting that similar sanctions against City and potentially Chelsea could result in relegation.
The severity of Everton’s punishment serves as a stark warning to Manchester City and Chelsea, indicating that the league is willing to set a precedent.
Given the gravity of their alleged offenses, the prospect of relegation looms large for these English football giants, amplifying the stakes of their financial investigations.