Leeds and Burnley to discuss Everton FFP grievances with Premier League chief
Leeds United and Burnley have been invited to send representatives to meet Premier League chief executive Richard Masters to discuss their grievances after threatening legal action concerning alleged breaches of financial fair play rules by Everton.
Spokespeople for the two clubs are expected to visit the Premier League’s west London headquarters this week to discuss their grievances and “their demand that an independent commission examine the application of profit and sustainability rules (PSR) as they relate to Everton’s losses”, the Telegraph reports.
Everton have passed PSR compliance checks despite losses of £371.8 million over the last three years. Under Premier League rules, clubs are permitted to write-off losses of up to £105m every three years.
Everton’s losses for the most recent financial year ending June 31 last year were £120.9m.