Everton could suffer more point deduction after they were hit with a second charge by the Premier League for breaking spending rules.
This could impact their takeover process. According to a report from the Daily Mail, the club’s sale price to 777 Partners will be determined by where they finish at the end of the season.
Everton are battling relegation after being docked 10 points for last season’s breach in November. And they could lose more points by the end of the season, which would be disastrous for them.
However, whatever the outcome, it should not affect the takeover as 777 considers their proposed investment to be protected. The Daily Mail reports that the American Private Equity Firm, 777, insisted on inserting so-called ‘sporting performance clauses’ at the time of takeover agreements with Everton owner Farhad Moshiri.
They probably had anticipated the potential punishment from the Premier League, and they inserted insurance against the threat of a points deduction.
Point deduction
If Everton are docked more points, there is a high chance that they could be relegated this season. In that case, the takeover process could be in real jeopardy. But they are not entitled to break their contract. The final sale price will be low for them.
777 remain committed to buying Everton and they are likely to receive the final green signal from the Premier League by the end of this month.
The best-case scenario for Everton would be that the Premier League levies punishment in the form of a fine, rather than taking away more points from them.
Everton have been brilliant under Sean Dyche this season and they have just narrowly managed to stay away from the relegation zone. They have improved under Dyche but it will be a massive blow for the entire club if they are docked more points from here on.
