Wyness, a devastating third financial charge, could now target Everton.
Keith Wyness, former Everton chief executive, has raised concerns about the financial implications facing the club amid mounting legal expenses.
Speaking on Football Insider’s Inside Track podcast, Wyness, who served as CEO from 2004
to 2009 and now advises top-tier football clubs through his consultancy, warned
of a potential scenario where the Premier League becomes a “battle of the budgets.”
Everton faced charges for breaching the Premier League’s Profit and Sustainability Rules (PSR)
last year, resulting in a significant 10-point deduction. While the club appealed this decision,
a final ruling on their punishment is anticipated soon.
Additionally, Everton has been charged with another PSR breach in January, indicating the
likelihood of further repercussions.
To navigate these legal challenges, Laurence Rabinowitz KC has been appointed by Everton to
handle the situation.
Wyness highlighted the immense legal resources being deployed by wealthy clubs like
Manchester City, who have assembled a team of 30 in-house lawyers to contest their numerous
financial charges.
These developments underscore the financial pressures facing Everton and the broader
competitive landscape within the Premier League, where clubs with substantial resources
may have a significant
advantage in legal matters.
Read more related news on sporttoday.co.uk
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