Report: Everton allege that Spurs took advantage of their financial situation

It has emerged that Everton told the independent commission, during an investigation into their breach of financial rules, that they got a considerably lesser fee from Richarlison’s sale than they were initially expecting. Everton have been hit with a 10-point deduction for breaching the Premier League’s financial rules, which is the heaviest punishment ever handed […]

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It has emerged that Everton told the independent commission, during an investigation into their breach of financial rules, that they got a considerably lesser fee from Richarlison’s sale than they were initially expecting.

Everton have been hit with a 10-point deduction for breaching the Premier League’s financial rules, which is the heaviest punishment ever handed to an English top-flight side for FFP (Guardian).

The investigation into the alleged breach began in March after the Premier League referred the situation to an independent commission.

The Premier League announced on Friday that the commission determined that Everton’s PSR calculation for the relevant period resulted in a loss of £124.5m, which exceeded the threshold of £105m permitted under the PSRs.

(Photo by Emma Simpson – Everton FC/Everton FC via Getty Images)

Everton were not happy with Richarlison fee

In the independent Commission’s full written reasons (as published on the Premier League website), it is revealed that one of the reasons that the Toffees gave was that they received a fee of just £60m for Richarlison, who they were hoping to sell for £80m, with Spurs taking advantage of their financial situation.

The report states: “The knowledge that Everton was facing PSR calculation challenges caused potential purchasers for their players to drive a hard bargain.

“Everton considered that the sale on 30 June 2022 of Mr Richarlison to Tottenham Hotspur FC for the sum of £60 million, rather than the sum of £80m that it had budgeted to receive, to be directly attributable to its PSR calculation difficulties.”

Spurs Web Opinion

The argument from Everton that they were forced to sell Richarlison under his market value would have likely not gone down well with the independent commission as it is wishful thinking to suggest that they could have got £80m for the forward.

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