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Former Everton chief Keith Wyness insists the Merseyside club will have considered using a PSR loophole similar to Chelsea but were blocked because of borrowed cash for their stadium., the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – explained that Everton could not sell stadium assets to themselves to loophole PSR because they have borrowed money for it.
Chelsea have appeared to loophole Profit and Sustainability Rules by selling two hotels to a sister company for £76.5million to balance their books.Wyness explained that Everton were “aware” of loopholes but were blocked from using them because they have borrowed cash for their stadium construction.
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