According to a report on Friday, November 17, 2023, Chelsea and Manchester City could be relegated from the Premier League following Everton's 10-point deduction for breaking Financial Fair Play (FFP) rules.
Everton were found to have breached the Premier League's limit, which allows clubs to lose a maximum of £105 million ($130 million) over a three-year period or face sanctions.
The commission that heard the case said that the Toffees lost £124.5 million and "concluded that a sporting sanction as a 10-point deduction should be imposed. That sanction takes immediate effect."
According to the Daily Mail, Stefan Borson, a former financial advisor to Manchester City, has argued that the sanction imposed on Everton has set a precedent that could see City and Chelsea relegated from the Premier League as the two clubs face accusations of FFP breaches.
City faces 115 alleged breaches of the Premier League's financial rules, and Chelsea could face investigation over alleged payments associated with former owner Roman Abramovich.
In a tweet, Borson argued that Everton's 10-point deduction was unforgiving and that Chelsea and Manchester City should be worried.
His words: "Without seeing the judgment/award - 10 points for Everton feels harsh for a straightforward FFP [Financial Fair Play] breach to me.
'However, reinforces that sanctions against City [if proven] and now Chelsea [if charged and admitted on the off-books payments] will potentially transfer actuate.
Borson added: 'One thing is for sure, given the size of this wearing sanction, Chelsea's math [in my opinion] that they could break PL P&S [Profit and Sustainability] and simply take a fine as an expense of carrying on with work, should be in pressing and prompt reexamination.
'The January window might intrigue.
Indeed, even in the best case, they can never again depend on having the option to persuade a Free commission to acknowledge their Coronavirus and Authorizations stipends as extraordinary changes [to the degree that was the plan]."
Only two other clubs have received points deductions in Premier League history.
Middlesbrough were deducted three points for failing to meet an installment against Blackburn during the 1996/97 season, while in 2010, Portsmouth were deducted nine points after going into administration.
However, the two clubs were unable to stay away from relegation.
Everton have said that the club will appeal the 'brutal' sanction against the club.
The statement reads: "Everton maintains that it has been open and transparent in the information it has provided to the Premier League and that it has always adhered to the integrity of the process.
"The club does not accept the finding that it failed to act with the utmost good faith and it does not understand this to have been an allegation made by the Premier League throughout the proceedings.
"Both the severity and the seriousness of the sanction imposed by the commission are neither a fair nor a proportionate reflection of the evidence presented."