“It was bad…” – Football finance expert Kieran Maguire issues verdict after Everton were issued Points Deduction but Leicester City were GIVEN a Free Pass despite Breaching PSR Rules

Football finance expert Kieran Maguire has weighed in on the recent financial turmoil surrounding Leicester City, Everton, and Nottingham Forest, suggesting that it would have been “horrible” to see all three clubs hit with points deductions last season.

Leicester City found themselves embroiled in a Profitability and Sustainability Rules (PSR) saga that threatened to strip them of crucial Premier League points this term.

However, unlike Everton and Nottingham Forest, Leicester managed to sidestep sanctions by virtue of their relegation at the end of the 2022-23 season. As they were no longer a top-flight team, they successfully appealed against any punishment.

LEICESTER, ENGLAND – MAY 4: Jamie Vardy of Leicester City lifts the Championship trophy with Marc Albrighton after winning promotion to the Premier League after the Sky Bet Championship match between Leicester City and Blackburn Rovers at The King Power Stadium on May 4, 2024 in Leicester, England.(Photo by Catherine Ivill – AMA/Getty Images)

Speaking live on talkSPORT on 3 September, Maguire reflected on Leicester’s narrow escape and speculated on the potential consequences had the club remained in the Premier League.

“I think that they [Leicester] would have been looking at a nine or ten points deduction for last season had they stayed up,” Maguire said.

“It would’ve been a pretty horrible situation if we’d had three clubs—Nottingham Forest, Everton, and Leicester—all subject to points deductions. It was bad enough with two.”

Maguire added that such a penalty could have drastically altered the landscape of the league, leaving Leicester’s fate in the Premier League even more uncertain.

Everton’s Struggles Continue

LIVERPOOL, ENGLAND – AUGUST 17: Sean Dyche, Manager of Everton, reacts after Ashley Young of Everton (not pictured) receives a red card during the Premier League match between Everton FC and Brighton & Hove Albion FC at Goodison Park on August 17, 2024 in Liverpool, England. (Photo by Carl Recine/Getty Images)

While Leicester may have avoided a points deduction, Everton’s woes on the pitch show no signs of abating. The Toffees have had a dreadful start to the 2024/25 Premier League campaign, finding themselves rooted to the bottom of the table with zero points.

Despite a promising summer transfer window that saw the arrival of players like Iliman Ndiaye, Jake O’Brien, and Jesper Lindstrom, expectations have been far from met. Sean Dyche’s men are already staring down the barrel of yet another relegation battle.

The club’s recent collapse against Bournemouth on 31 August, where they squandered a two-goal lead to lose the match, has only added to the growing discontent among Everton supporters.

LIVERPOOL, ENGLAND – AUGUST 31: Michael Keane of Everton looks dejected during the Premier League match between Everton FC and AFC Bournemouth at Goodison Park on August 31, 2024 in Liverpool, England. (Photo by James Gill – Danehouse/Getty Images)

Although the first 80 minutes of that game showed promise, with both Tim Iroegbunam and Ndiaye putting in strong performances, the final result left fans questioning the team’s resilience.

It’s still early in the season, and while there’s time to turn things around, Everton must act quickly if they are to avoid the same fate as Leicester and keep their Premier League status intact. The clock is ticking, and Dyche’s side needs to find form before the gap at the bottom becomes too steep to climb.

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