July 5, 2024

Everton could be handed their third points deduction over an unresolved matter regarding costs for their new stadium, sources have told Football Insider.

Speaking on the latest edition of Football Insider’s Inside Track podcast, transfer correspondent Pete O’Rourke suggested that any deduction relating to their stadium costs will not come until next season.

However, the Toffees are currently in dispute with the Premier League regarding the status of certain costs associated with the building of their new stadium on Bramley-Moore Dock.

Sean Dyche’s side breached the allowed losses threshold in the three-year period to the 2022-23 season by £16.6million and were hit with a two-point deduction on Monday (8 April).

Everton set for third points deduction later this year?

However, the club are adamant that £6.5million of this should not be attributable to PSR as they should be audited in their stadium accounts – not registered as a loss.

A hearing into this unresolved matter is expected, and it is believed that this may lead to a further deduction for the struggling Merseysiders.

The Toffees have already been hit with a combined 8-point deduction this season for overspending which has put their Premier League status under major threat.

The new stadium is set to cost £550million, with prospective new owners 777 Partners reportedly loaning the club up to £160million for working capital and costs for the new ground.

Leave a Reply

Your email address will not be published. Required fields are marked *