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Everton: Finance expert Kieran Maguire reveals FFP news

Everton: Finance expert Kieran Maguire reveals FFP news -Everton News

Finance expert Kieran Maguire has now revealed some significant news involving Everton.

The Lowdown: Leeds and Burnley compensation

As shared by iNews, both Leeds United and Burnley are now seeking £200m in compensation in order to try and offset the advantage that the Goodison Park outfit have received through alleged overspending.

It is understood that representatives from the two clubs have formally requested that the Premier League order them not to delete any relevant information with regards to their accounts.

The Latest: Maguire shares latest

Speaking to Football Insider, Maguire has revealed that both Leeds and Burnley have decided to pursue a compensation claim regardless of which team were to get relegated to the Championship:

“There are some precedents which need to be considered.

“There was the Carlos Tevez case in 2005. West Ham agreed an out-of-court settlement with Sheffield United. That was nothing to do with FFP because it didn’t exist then.

“But we have recently had a settlement between the owners of Derby County and Middlesbrough with regards to FFP breaches.

“You can understand why Burnley and Leeds are doing this. My understanding is that they have decided to pursue this regardless of who got relegated.”

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The Verdict: Significant

The fact that Leeds and Burnley are pursuing this, despite the Clarets going down and Leeds and the Toffees staying up, is significant.

The claim could have easily been thought of in bitter taste, but it looks as if the Blues could still have a potential problem on their hands given Leeds’ involvement even after staying up.

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If the claim is successful, then this may alter their transfer plans significantly for the summer, and they will not want to be restricted spending-wise again, after only spending a mere £1.7m last summer.

Nonetheless, the Merseyside club will still be confident that they have not broken any rules, and will continue with their plans as normal for now.

In other news, find out which ‘reckless’ flop EFC could now sell this summer here!

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Article title: Everton: Finance expert Kieran Maguire reveals FFP news

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