Leicester City has been eagerly monitoring developments with Everton over the past few months, as the Toffees have been found to have violated the Premier League’s Financial Fair Play rules.
City narrowly missed out on securing a higher position in the league last season, finishing just two points behind Sean Dyche’s team. Unfortunately, their efforts to avoid relegation were unsuccessful. Everton’s victory over Bournemouth on the final day of the season ensured their place in the current Premier League campaign.
On Friday, it was announced that Everton would be docked 10 points for their FFP breaches. The commission responsible for making this decision determined that the club had overspent by £19.5m beyond the allowable losses.
As a result of the points deduction, Everton has fallen into the relegation zone, prompting potential compensation claims from City, as well as other clubs such as Leeds United and Burnley.
So, what do the Premier League rules stipulate about potential claims? LeicestershireLive has delved into this question.
According to the Premier League handbook, the commission responsible for overseeing compensation claims from City and other clubs has the authority to order an unlimited amount of compensation to be paid. It has been previously reported that City could be seeking a compensation package of around £100m, the approximate cost of relegation from the Premier League.
Clubs interested in filing compensation claims have until 28 days from last Friday, when Everton’s punishment took effect, to submit their claims. The claims will then be decided upon by the Premier League commission. It has been confirmed that the commission handling the claims will be the same one that ruled on Everton’s FFP breaches and imposed the punishment.
In the event that a club’s claim is unsuccessful, they have the option to appeal the decision, as Everton is currently doing. However, if the appeal is unsuccessful, no further claims can be made on the matter.
