After EWT was penalized by the Premier League for violating financial regulations and deducted 10 league points, the aftermath is still unfolding. According to the Daily Mail, Bonny, Leeds United and Leicester City are planning to recover a total of 300 million pounds (about HK$2.9 billion) in compensation from Towers & Sugar on the basis that EWT has caused "unfair competition" which has led to the downgrading of the three clubs, and EWT will face bankruptcy if it is not able to pay the compensation and will be deducted a further 9 points. 9 more points.
Ewarton admitted to breaching the Profit and Sustainability Rules (PSRs) in 2021/22, and that season, the "Dragons" finally ranked 16th in the Premier League to protect the relegation, while the "Bonny" ranked the last three in the Premier League to be relegated to the next level, the Bonny Club believes that Ewarton breached the financial regulations, and gained the "advantage" to protect the relegation, and that since the "Dragons" have been convicted, the "Dragons" should pay compensation to the Bonny's relegation of the year's loss of 100 million pounds.
As for Leeds United and Lister City, who were relegated to the bottom two or three of the Premier League last season, they are also prepared to claim 100 million pounds each, in other words, a total of 300 million pounds for the three clubs.
US investment company 777 Partners, which just acquired 94.1% of the shares of EWT in September this year, is about to face a major crisis in the club. If EWT is eventually ordered to pay compensation to the 3 "victims", it is doubtful if 777 Partners will be able to pay the amount.
