Chelsea and Man City fear RELEGATION from Premier League as Everton points deduction 'sends shockwaves' in boardrooms

Manchester City and Chelsea fear relegation to the Premier League after defeating Everton by a record 10 points.

Dessert It was yesterday Hit with huge penalty For violating strict Financial Fair Play rules.

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They are now Facing huge compensation claims From Leeds, Leicester, Southampton, Nottingham Forest and Burnley.

Their legal experts Pep Guardiola warned citywho was charged with 115 counts of FFP in January, and Chelsea – Under investigation over transfers under Roman Abramovich – Could be fired from the top flight.

Prominent sports lawyer Stefan Borsson, one-time financial advisor to the treble winners cityclaims that if the clubs are found guilty any punishment could lead to relegation.

He said: “Ten points for Everton seems harsh due to a clear violation of Financial Fair Play.

But it reinforces those penalties Against City and now Chelsea “It will likely lead to relegation.”

Fellow lawyer Simon Liff, head of sport at Mishcon de Reya and co-author of the chapter on financial regulation in football and the law, added: “This is a historic moment in the history of the league.

“It will cause shock, especially in the boards of Chelsea and Manchester City.

“It is the first time the Premier League has imposed a points deduction for a breach of Financial Fair Play rules in its history.”

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City have vehemently refuted all the claims and have brought in top KC player Lord Panik to lead their defence.

By contrast, Chelsea have cited problems that occurred during Abramovich’s time at Stamford Bridge internally following reviews by the club’s new owners.

An independent panel imposed the stunning penalty on Everton after a five-day hearing behind closed doors.

The Toffees were found to have misled Prem bosses and to have been unclear about league rules over losses which exceeded the agreed limit of £105m over three years by £19.5m.

But the penalty for the individual violation will relate to the bosses of Manchester City and Chelsea, both of whom are being investigated for alleged crimes over several years.

The three-man panel, led by David Phillips, said: “Everton’s guilt is great.

“bad management”

“This was a serious violation that requires a significant penalty.

“We cannot ignore the fact that the lack of adherence to the system was the result of Everton irresponsibly taking advantage of the opportunity for things to go positively.

“Furthermore, Everton have been less than frank in their dealings with the Premier League on the issue of stadium interest.

“Everton have failed to manage their finances so that they operate within generous limits.

“Its mismanagement has led to this threshold being crossed.”

It will also have an impact on Toffees owner Farhad Moshiri, who has invested £750m.

New potential owners 777 Partners said the potential for point discounts and relegations had been “priced in” according to the final sale figure.

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