Leeds and Burnley write to the Premier League asking them to investigate Everton’s finances

Leeds and Burnley pile more pressure on the Premier League as they ask for Everton to retain all financial information after demanding an investigation into whether club have broken rules following record losses

Leeds and Burnley are both fighting relegation with one of the two going down
Everton maintained their Premier League status by beating Crystal Palace
Leeds and Burnley are said to believe Everton have breached financial rules

By Rob Draper for The Mail on Sunday

Published: 15:01 BST, 21 May 2022 | Updated: 16:54 BST, 21 May 2022

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Leeds and Burney have stepped up the pressure on the Premier League to investigate Everton‘s finances, writing to the governing body to ask that they ensure Everton retain all the relevant financial information that would be pertinent to an inquiry.

The two clubs, who are locked in a fight to stay in the Premier League on Sunday, have teamed up to push the Premier League to look into Everton’s finances and establish an independent commission in the next five weeks to establish whether they have broken Premier League financial rules.

Leeds and Burnley have sent the second letter this week to ensure the Premier League are mindful that all the records, including phone messages and emails, that might be needed are retained.

Frank Lampard’s Everton could be investigated after Leeds and Burnley write to the Premier League asking for them to look into their finances and if they have broken FFP rules

Leeds United are currently in the relegation zone and will go down if they lose at Brentford

Everton secured their survival with a dramatic 3-2 win over Crystal Palace on Thursday but there is support for Burnley and Leeds among other Premier League clubs and the two threatened clubs have formed a pact, so that whichever club stays up today will continue to pursue the matter in Premier League shareholder meetings.

Both clubs have reserved the right to sue for compensation of up to £200m if Everton are subsequently found to have broken the Premier League’s Profit and Sustainability rules, which allow for a maximum £105m losses over three years.

Everton recorded losses of £371m over three years but because of the Covid season, the rules have been made temporarily more lenient to allow for pandemic losses.

In addition, clubs can write off any spending they make on the new infrastructure projects. Everton, who are building a new stadium at Bramley Dock, have said: ‘We have worked so closely with the Premier League to make sure we are compliant, we are comfortable we have complied with the rules.’