In the fast-paced world of soccer, a storm is brewing around Everton Football Club. The Toffees were shockingly slapped with a 10-point deduction for breaching the Premier League financial rules. As the club was coping with this shock announcement, another disaster spelled upon them. They are now on the brink of another potential 9-point penalty, that could also see them enter administration. However, the focus has now shifted to the blue side of London, as Chelsea finds itself under the FFP investigation radar, which could land them in trouble.
The latest allegations against Chelsea stem from the club’s alleged spending and payments during the Roman Abramovich era. What seemed like a tremor for Everton, could be a big seismic event for the Blues. Let’s dive deeper and uncover the story behind this complex FFP drama.
Chelsea finds itself under the radar of the FFP investigation
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While Everton battles its way through a financial investigation, Chelsea is facing its own reckoning. Distinct from Everton’s case, the allegations against Chelsea revolve around a few off-shore hidden payments that took place during the tenure of former owner Roman Abramovich. This points toward a potential breach of Financial Fair Play (FFP) rules.
🚨 Chelsea remain under investigation but charges look inevitable given that the new owners have self-reported what appear to be substantial payments that would have broken Premier League rules during the previous ownership under Roman Abramovich.
(Source: @TimesSport) pic.twitter.com/SmVF41nn1t
— Transfer News Live (@DeadlineDayLive) November 17, 2023
The new ownership at Stamford Bridge, having self-reported these substantial payments, now faces the looming specter of FFP investigation and charges. Abramovich spent nearly $2 billion on players during his time at Chelsea, and there are allegations that some of this money was paid through offshore accounts. This could have been done to make sure that they remain out of reach from the FFP rules, which limit the amount of money that clubs can spend on players.
The punishment for Chelsea breaching FFP’s rules can be even more severe than Everton’s. The Blues could face a potential penalty which can see their points cut down. They could even be banned from the Champions League. Although there hasn’t been any official statement released from the Premier League, it’ll be interesting to see how the saga shapes for Chelsea.
If penalized for their conduct under Abramovich, it would be a major blow for Chelsea and their future ambitions. As Everton grapples with its own financial situation, the dilemma at Chelsea serves as a cautionary tale for clubs navigating through FFP.
A tough phase for Everton Football Club
As Everton finds itself in trouble after getting a 10-point deduction for their financial breaches, more trouble looms on the horizon for them. A second independent commission could push the Toffees under more scrutiny, seeing them under relegation. Reports suggest that Burnley, Leeds, and Leicester are preparing compensation claims against Everton, each seeking a staggering $125 million. This imminent financial burden, coupled with an additional 9-point penalty could put the club in more jeopardy.
EXCLUSIVE 🚨
Everton face a further NINE-POINT deduction with Toffees set to be plunged into administration if Burnley, Leicester and Leeds are successful with £300m compensation claim against Toffees
— Mail Sport (@MailSport) November 18, 2023
Interestingly, all three clubs that are asking for compensation, were relegated from the Premier League last term, while Everton rescued itself. The ramifications of the second independent commission’s decision could reshape the Premier League standings. It can possibly leave Everton and its fans in a state of uncertainty.
For now, the soccer community awaits the outcomes of the investigations, pondering the potential ripple effects on two Premier League clubs. It’ll be interesting to see how well the future path paves out for Chelsea and Everton.
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