Paddy Power pay out on Everton to be RELEGATED just two games into the Premier League season – after Sean Dyche’s side lose heavily again in 4-0 defeat by Tottenham
Paddy Power, a leading betting company, has taken the unprecedented step of paying out on Everton to be relegated from the Premier League just two games into the new season. This decision comes after Sean Dyche’s side suffered a humiliating 4-0 defeat at the hands of Tottenham Hotspur, leaving them bottom of the league table with no points and a goal difference of minus seven.
Everton’s struggles on the pitch have been compounded by off-field issues, including a potential points deduction for breaching the Premier League’s profit and sustainability rules (PSR) for the third consecutive season. The Toffees were docked 10 points last November for an infraction in the 2021-22 season, which was later reduced to six points on appeal. In April, they were handed an additional two-point deduction for overspending in the 2022-23 campaign.
According to The Sun, the Premier League believes Everton exceeded the PSR parameters by another £6.5 million in the 2022-23 season, which could lead to further disciplinary action. This uncertainty surrounding the club’s future has led Paddy Power to take the drastic measure of paying out on bets for Everton’s relegation.
The betting company announced their decision on social media, stating, “After today’s hammering, we thought we’d save everyone the bother of waiting… So, we’ve paid out early on EVERTON TO BE RELEGATED! Singles & multiples, online & retail. No max stake. Settlements will be processed shortly.”
This move by Paddy Power reflects the dire situation Everton finds themselves in, with many fans and pundits questioning the team’s ability to survive in the top flight. The Toffees have conceded seven goals in their opening two games, and their lack of depth and quality in the squad has been exposed.
Sean Dyche’s side face a daunting task in their next match, hosting Bournemouth before traveling to Aston Villa and Leicester. The international break follows these fixtures, providing a much-needed respite for the beleaguered team. However, the pressure on Dyche and his players will only intensify as they battle to avoid relegation.