Having considered quietly and at length, I believe this accurately summarises Everton’s current predicament in relatively simple terms.
4. If Everton cannot find £1m cash a day then Everton would be bankrupt and would go into what is called administration. Under Premier League rules clubs that go into administration suffer an immediate deduction of 9 points which would almost certainly result in Everton being relegated at the end of the season.
5. How did Everton get into this position?
The board of directors who have the responsibility for the running of the club made a number of mistakes:
6. Is there a way out of this mess? Sadly, and it is indeed a Harsh Reality, it is difficult to see any way out that does not result in bankruptcy and relegation.
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