Everton have been making their case at an independent commission hearing into alleged breaches of Premier League rules while going through a 777 Partners takeover
American firm 777 Partners are highly unlikely to be deterred from the potential purchase of Everton, regardless of what verdict arrives from the independent commission.
On Wednesday it was claimed in a report by the Telegraph that the Premier League were pushing the independent commission to impose a severe competitive penalty of up to a 12-point deduction should Everton be found guilty. However, any punishment in the event of Everton being found to be in breach isn’t within the purview of the Premier League, it will be down to the KC to determine the severity.
A 12-point deduction is seen as an extreme, and unlikely, punishment should Everton, a club already in financial distress, be found guilty. The Toffees have maintained their stance that they believe they have operated within the regulations, even working alongside the Premier League for a significant amount of time to manage their financial situation. The club have vowed to ‘robustly’ defend their position.
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