Stefan Borson ‘surprised’ after Everton and Burnley legal twist - ‘There was no settlement’
Below is a summary of the full article. Click here for the full version or go back to LFC Live.net.
The i Paper reported on 15 September Burnley are suing Everton for £50million, with the case scheduled to begin last week at the International Dispute Resolution Centre in London.
Former Man City financial adviser Stefan Borson exclusively told Football Insider the case could still be settled between the two parties despite the hearing already getting underway.
Credit: Imago
Burnley are claiming they missed out on extra revenue following their relegation in 2021-22 – one of the seasons where Everton were found to have breached the PSR rules.
The Lancashire side, who finished third-bottom and four points behind the Toffees, are the only one of the five clubs to have followed through with their bid to receive compensation.
Speaking exclusively to Football Insider, Borson said: “I’m slightly surprised that it’s not been settled.
“They wrote an exclusive in March that said that Everton had appointed a guy called Mark Howard KC, who is a top commercial barrister to defend them.
“They also had the information that the case was to start in the autumn, and then we see that apparently it did start last week.
Credit: Imago
“The parties would have said if that was wrong because everybody’s written it, so I think we can assume it did start last week.
It doesn’t mean it can’t be settled after the start of a hearing, but it’s less likely.”
Everton were docked a total of eight points in the 2023-24 campaign following their spending breaches, with top-flight clubs only permitted to make £105m of losses over a rolling three-year period.
Former Everton CEO Keith Wyness told Football Insider he expects the Toffees and Burnley to reach a settlement in their legal battle.