Everton are set to explore other potential options with regards to the firm that audits their accounts but sources have refuted claims of a breakdown in relationship between the parties.
A report in the Guardian on Wednesday suggested Everton's current auditors, BDO, were considering walking away from their role in signing off the club's accounts. That raised questions among Blues fans following a particularly bruising period of financial statements over the last two years as the club battled to remain within the Premier League's profit and sustainability threshold following heavy investment.
Sources have told the ECHO that while Everton are seeking potential alternative options to BDO, who have audited their accounts for the past two years, the relationship between the two remains good and that there has been no suggestion of BDO resigning their position.
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By law, all UK companies are required to have their accounts audited, and football clubs fall into that bracket. Sources close to the Blues have stated that a potential change in auditor is a common occurrence, with UK regulations stating that companies must retain an auditor for no longer than five years but can change as frequently as they wish.
BDO are a large audit firm who have also worked with Manchester City recently but are not one of the so-called 'big four', which includes KPMG, PwC (PricewaterhouseCoopers), Ernst & Young and Deloitte.
But the Everton stance remains that BDO are the club's auditors as things stand and they have not resigned from their position, rejecting any assertions made that their exit has links to them being unhappy at club ownership.
The Blues had been with Deloitte before switching to BDO from 2020.
When contacted by the ECHO, BDO declined to comment.
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