Everton to face another nine-point deduction if Burnley, Leicester, Leeds are successful with £300m compensation claim

Everton to face another nine-point deduction if Burnley, Leicester, Leeds are successful with £300m compensation claim

Everton could face further nine-point deduction if Burnley, Leicester, Leeds are successful with their £300m compensation claim. Everton’s prospective buyers 777Partners had committed to providing £20 million per month to support the club’s running costs during the Premier League’s assessment of their takeover bid. However, they may not be willing to cover a compensation cost reaching tens of millions of pounds. The deal between Farhad Moshiri and 777 in September includes clauses reducing the sale price significantly if Everton is instructed to pay compensation or faces relegation. Everton to face another nine-point deduction if Burnley, Leicester, Leeds are successful with £300m compensation claimEverton to face another nine-point deduction if Burnley, Leicester, Leeds are successful with £300m compensation claimEverton could face further nine-point deduction – Getty image Their current financial constraints mean Everton could struggle to settle the huge compensation bill, and could result to an automatic nine-point reduction, a scenario said to have introduced by the Premier League in 2004. According to Mail Sports, the compensation claim initiated by Burnley, Leicester and Leeds, could amount to £100 million each, based on the loss of Premier League income during seasons when Everton overspent. If Everton fails to address these challenges, it could become the third club in Premier League history to suffer points deductions. They will follow Middlesbrough, who suffered such fate in 1997 and Portsmouth in 2010. Both teams were also subsequently relegated.

Newcastle set to sign Harvey Barnes from Leicester

Newcastle set to sign Harvey Barnes from Leicester

Newcastle United are closing in on the signing of Harvey Barnes and hope to agree a deal with Leicester City for the winger over the next week. Barnes has been a target of West Ham United, who had been at the front of the queue, and Aston Villa, but Newcastle have stolen a march on their rivals.

Newcastle set to sign Harvey Barnes from Leicester

Harvey Barnes training at the King Power Stadium. Source: Getty It is expected that Newcastle will submit their first bid for Barnes over the next few days, with the player keen to join the Champions League club. Newcastle’s manager, Eddie Howe wants to increase his options on the left wing and the club is expected to win the race for Barnes, who is likely to cost around £35m. Howe often used Alexander Isak, Miguel Almirón, Allan Saint-Maximin, and Anthony Gordon in the wide positions last season. Newcastle could make space for Barnes by selling Saint-Maximin, who has interest from clubs in the Saudi Pro League, and need to add depth as they prepare to compete in the Champions League. Leicester have been resigned to losing Barnes since their relegation from the Premier League. They had hoped to receive £50m for the England international, who scored 13 goals last season, but are likely to have to settle for less. Newcastle had a bid rejected for the 25-year-old last summer. Newcastle set to sign Harvey Barnes from LeicesterHarvey Barnes playing for Leicester against Liverpool in an EPL match. Source: Getty Leicester have already brought in £40m after selling James Maddison to Tottenham. They have prepared for life in the Championship by signing Harry Winks and Conor Coady. Newcastle had already announced the £60 million signing of Sandro Tonali earlier this week. The deal made the midfielder the most expensive Italian of all time, £11m more than the £49m Chelsea paid for Jorginho in 2018. The star has penned a five-year contract, which includes the option of a further 12 months, at St. James’ Park and can’t wait to get started for his new club.  

Tielemans announces he’s leaving Leicester City after they got relegated

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Belgian footballer, Youri Tielemans has penned down a farewell message to Leicester City supporters ahead of becoming a free agent this summer. 26-year-old Tielemans will leave recently-relegated Leicester on a free transfer when his current deal runs out on June 30. Tielemans announces he's leaving Leicester City after they got relegatedTielemans at a match for Leicester City. Source: Getty He joined Leicester from Monaco on an initial loan deal in January 2019 before signing on a permanent deal for £32 million in July 2019. He made 195 appearances and won the FA Cup during his four-and-a-half-year spell at the King Power Stadium. In his farewell message to fans of Leicester City, Tielemans wrote; Tielemans announces he's leaving Leicester City after they got relegated “Dear Leicester City fans, after 4.5 special years and with a lot of gratitude I’m bidding farewell to this incredible club. “From the first day I set foot on this ground, your warmth and passion embraced me. “Victory and triumph, love, hope and even defeat. We’ve shared many special moments together. I am forever grateful for your unwavering support. “Thank you to Khun Top, the board, the staff, the players and fans for having given me and my family a home. This is not a goodbye, but a heartfelt farewell.” It has been a miserable season for Leicester City, with Dean Smith, hired after Brendan Rodgers was sacked. He however failed to inspire a significant turnaround in form which would have helped them avoid being relegated. While Tielemans’ exit is the only one that has been confirmed, he is not the only Foxes midfielder expected to say goodbye this summer. The consensus is that James Maddison is far too good to be playing Championship football and as a result, will also leave Leicester this summer.  

Leeds and Leicester relegated from Premier League, Everton survives

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Leicester City and Leeds United were relegated while Everton survived on a nail-biting final day of the Premier League season. Leicester defeated West Ham United 2-1 on the final day of the 2022-23 Premier League season, but the result wasn’t enough to stop them from getting relegated. Having entered Sunday in 18th place, the Foxes needed a victory coupled with Everton dropping points to stay up, and for a while, it seemed as though things would be going their way.

Leeds and Leicester relegated from Premier League, Everton survives

Abdoulaye Doucoure celebrates putting Everton 1-0 up against Bournemouth. Source: Getty Harvey Barnes’ first-half goal put Leicester up 1-0 at the halftime break, and with Everton playing concurrently and locked in a 0-0 scoreline with Bournemouth in their match, the footballing gods appeared to be smiling on Dean Smith’s side. However, the Toffees took the lead in their match via an Abdoulaye Doucouré goal in the 67th minute and that proved to be the only scoring in the contest, allowing Everton to finish the season two points up on Leicester despite the Foxes’ victory. Leeds and Leicester relegated from Premier League, Everton survivesEverton fans celebrated wildly after their win. Source: Getty Leeds on the other hand started the day tied on points with Leicester and also in need of a victory, but their fate was sealed very early in their match against Tottenham as Harry Kane gave Spurs a second-minute lead and the North London side never looked back en route to a 4-1 victory at Elland Road. Leicester and Leeds join Southampton in the drop to the EFL championship. Southampton finished last in the Premier League and were relegated weeks ago.

Brendan Rogers sacked by Leicester

Brendan Rogers sacked by Leicester

Brendan Rodgers has been sacked by Leicester after the club dropped into the Premier League relegation zone following a late 2-1 defeat at Crystal Palace on Saturday, April 1. The loss extended their winless run to seven matches, an alarming sequence that triggered crisis talks and the end of Rodgers’s four-year tenure. The Foxes have only won one Premier League fixture in 2023, and are currently 19th in the table with 10 games remaining. Announcing Rodgers’ sack, Leicester chairman Aiyawatt Srivaddhanaprabha said; “Performances and results during the current season have been below our shared expectations. It had been our belief that continuity and stability would be key to correcting our course. “Regrettably, the desired improvement has not been forthcoming and, with 10 games of the season remaining, the Board is compelled to take alternative action to protect our Premier League status. “The achievements of the team under Brendan’s management speak for themselves. Brendan Rogers sacked by Leicester “We’ve experienced some of our finest footballing moments under his guidance and will always be grateful to him and his staff for the heights they helped us to reach on the pitch. “The task ahead of us in our final 10 games is clear. We now need to come together – fans, players, and staff – and show the poise, quality, and fight to secure our position as a Premier League club.” Assistant manager Chris Davies and first-team fitness coach Glen Driscoll have also been let go, according to a club statement. First-team coaches Adam Sadler and Mike Stowell will take charge in the short term, the club said. There has been no indication that a new managerial appointment is imminent. Rodgers joined Leicester in February 2019 after a successful stint with Scottish side Celtic where he won the Premiership twice as well as two domestic trebles. He guided Leicester to their first FA Cup triumph in 2021 when they beat Chelsea in the final as well as consecutive fifth-placed finishes between 2019-2021. Brendan Rogers sacked by Leicester Rodgers is the 11th manager to be sacked in the Premier League this season and the 12th managerial departure. The only teams in the bottom half who have not changed their managers are Nottingham Forest and West Ham United. The Foxes will face five relegation rivals in their next 10 fixtures, with a trip to Manchester City also marking a crucial run to end the season. They host Aston Villa on Tuesday, April 4.