Everton could be 'forced to sell' their new stadium if they are relegated after points deduction confirmed
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Everton could be forced to sell their new stadium if they suffer relegation this season.
The Toffees are now just the second team in top-flight history, after Portsmouth, to be handed a points deduction.
In an official statement, Everton said they are 'shocked and disappointed' by the ruling and confirmed they intend to appeal the decision.
The decision will banish Everton, who currently occupy 14th in the table, deep into to the relegation zone, with a battle for survival on their hands.
Should they fail to stay up, the club's new home at Bramley-Moore Dock, which has been a source of hope for so long, could have to be sold.
That's according to the Daily Mail, who claim that the state of the art stadium could be sold to "raise cash and an arrangement reached by which Everton would become the tenant."
Indeed, Everton are only two points adrift of safety and still stand a decent chance of turning the situation around.
Although the club could be thrust into further financial trouble following reports that Burnley, Leeds and Leicester are planning to sue Everton for a total of £300 million.
Reacting to their points deduction, the club said in a statement: “The club believes that the commission has imposed a wholly disproportionate and unjust sporting sanction.
"Everton maintains that it has been open and transparent in the information it has provided to the Premier League and that it has always respected the integrity of the process.
"The club does not recognise 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 during the course of proceedings.
"Both the harshness and severity of the sanction imposed by the commission are neither a fair nor a reasonable reflection of the evidence submitted.
“The Club will also monitor with great interest the decisions made in any other cases concerning the Premier League’s profit and sustainability rules.”