In a surprising turn of events, former Liverpool player Jamie Carragher has stepped up to defend his arch-rivals, Everton. They face a potential 12-point reduction due to alleged breaches of Financial Fair Play (FFP) rules.
Carragher’s comments shed light on the contrasting treatment Everton and Manchester City have received concerning their financial conduct.
The Premier League is currently investigating Everton’s financial records, which revealed losses of £304 million over a three-year period.
FFP regulations state that no Premier League club can sustain losses exceeding £105 million over a three years. Everton has significantly surpassed this limit.
The potential punishment for Everton could include a point deduction, fines, and transfer embargoes, pending the outcome of the independent commission’s investigation.
Everton maintains its innocence and intends to vigorously defend its case, citing factors such as the impact of the COVID-19 pandemic.
Carragher expressed his opinion on social media platform, drawing a parallel between Everton’s situation and Manchester City’s ongoing legal battles.
Inequality between the investigations by the Premier league
He highlighted that Manchester City faces a 115 charges related to FFP violations. Carragher’s comment humorously implied that if Everton were to suffer a 12-point deduction, Manchester City could find themselves relegated to the National League North.
Carragher’s statement underscores the apparent discrepancy in how the two cases have been treated by the Premier League.
He pointed out the substantial contrast in the number of charges faced by Manchester City compared to Everton’s single charge. Manchester City has faced allegations of breaching FFP rules over a nine-year period. Still their case has received notably less attention.
Earlier this year, the Premier League officially announced the charges against Manchester City for their alleged breaches of FFP regulations.
The seriousness of these allegations has raised questions about the equity and transparency in how clubs are held accountable for their financial conduct.
Carragher’s comments bring attention to the complexities surrounding FFP regulations, enforcement, and the need for consistent and fair treatment.
The outcome of both Everton and Manchester City’s cases will undoubtedly shape the future discourse around financial regulations in football.