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<\/p>\nBurnley, Leeds and Leicester have confirmed they are set to sue Everton for \u00a3300million after the Toffees were slapped with a 10-point deduction on Friday afternoon. <\/p>\n
The findings from an independent commission, who heard the case over the club\u2019s alleged breach of profit and sustainability rules, were published and the huge sanction has been handed out.<\/p>\n
And, according to the Daily Mail, the trio of clubs have already penned a letter to the Premier League announcing their intention to sue. Leeds and Leicester were relegated to the Championship last season, while Burnley went down the season beforehand. <\/p>\n
READ MORE: Man Utd fans fear being impacted after Everton are deducted 10 points in Prem<\/b><\/p>\n
READ MORE: Man City and Chelsea facing possible relegation from Prem, claims money expert<\/b><\/p>\n
The trio of sides are furious that the case was not dealt with last season – and the guilty verdict has only infuriated the teams more. Everton would have been relegated for the past two seasons if the verdict was given then.<\/p>\n
And the prospect of legal action from the three sides could be another significant blow to the planned takeover from American investment firm 777 Partners.<\/p>\n
What do you think of Leeds, Leicester and Burnley's intention to sue? Let us know in the comments section<\/i><\/b><\/p>\n
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Everton recorded losses of \u00a3371.8m over the previous three years and have vowed to fight the points deduction. In a statement, they said: "Everton Football Club is both shocked and disappointed by the ruling of the Premier League\u2019s Commission.<\/p>\n
"The club believes that the Commission has imposed a wholly disproportionate and unjust sporting sanction. The club has already communicated its intention to appeal the decision to the Premier League."<\/p>\n
The Toffees have now dropped into the relegation zone due to the points deduction, which leaves them only above rock-bottom Burnley on goal difference in 19th spot on four points with 12 games played.<\/p>\n