Burnley, Leeds and Leicester are intending to sue Everton for £300 million

Leicester, Burnley, and Leeds have all announced their plans to sue Everton for a total of £350 million after the team was judged to have violated the financial fair play regulations.

According to a source, senior representatives from the three clubs had discussions this afternoon to reiterate their intention to file a lawsuit following the Premier League’s confirmation of Everton’s guilty decision and the largest-ever 10-point sanction in the history of the league.

The angry three are said to have decided to carry out their earlier threats to sue Everton, which they had developed during the summer when Sean Dyche’s team barely avoided relegation on the last day of the season by a mere two points.

Burnley has given their support to Leeds and Leicester, who were demoted to the Championship. They are still of the belief that Everton’s expenditure during the previous season violated financial regulations, which is why they were demoted.

A points deduction in the previous campaign would have sent the three clubs down, and they are said to feel even more strongly after the guilty conviction. The clubs have expressed their displeasure on multiple occasions that the Everton matter was not handled during the previous season.

A points deduction in the previous campaign would have sent the three clubs down, and they are said to feel even more strongly after the guilty conviction. The clubs have expressed their displeasure on multiple occasions that the Everton matter was not handled during the previous season.

Last month, a source disclosed to the Premier League that Burnley, Leeds, and Leicester had sent a united letter informing them of their intention to file a lawsuit in the event that Everton was found guilty.

The £300 million amount is derived from an approximation of the £100 million that every team feels they have forfeited by being demoted to the Championship.

Another serious setback for Everton is the possibility of having to deal with three other teams’ combined legal action, which might put an end to the company’s proposed acquisition by American investment group 777 Partners.

The penalty raises awareness of Manchester City and Chelsea, and a former City advisor suggested that both Premier League heavyweights may be relegated in the future as a result of the precedent set by Everton’s penalty.