Yasin Patel comments on the legal implications of Everton FC’s breach of financial rules, in City A.M.
Yasin Patel comments in City A.M. on the legal implications of Everton FC’s breach of financial rules, and the legal arguments the club will look to utilise in its appeal against the independent commission’s ruling.
“It was inevitable that Everton would appeal the points deduction in light of the gravity of the punishment, the potential consequences for the future and the mitigating circumstances for the club.
“In the long-term, there is the potential legal action from the clubs who were relegated last year, in particular Leicester City, who finished 18th and would not have been relegated if the points deduction had been implemented last year.
“The club could not have foreseen circumstances such as the Covid virus and its effect upon football clubs’ incomes, the Ukraine war and the sanctions upon Alisher Usmanov resulting in loss of commercial income of approximately £200 million, the new stadium costs and the inflated prices of materials and labour, again due to the Ukraine war.
“With the support of the Mayor of Liverpool and the various mitigating factors, the club will look to utilise its legal arguments, political support and the exceptional circumstances to overcome the independent commission’s ruling.”
Yasin’s comments were published on 17 November 2023.