Farhad Moshiri has called for the Premier League to dock points from clubs plotting a European breakaway.
Six top-flight teams including local rivals Liverpool signalled their intention to join a ‘Super League’ along with three teams apiece from Spain and Italy.
But the move has been widely condemned with the Blues issuing a statement urging those prepared to split from the Champions League to reconsider.
Moshiri, the club’s majority shareholder, went further ahead of a Premier League meeting where the remaining 14 clubs will decide its next steps.
The British-Iranian billionaire, who has held the balance of power at Goodison Park since 2016, advocated sanctions against the teams preparing to break away.
Asked by TalkSport whether he would entertain the prospect of Everton joining the Super League, he said: “Never, never.
“Every facet of it is against the very idea of British football. Football clubs are community assets. They belong to fans and their communities.
“This just takes the romance of football away. You want to see Liverpool and Everton play. It’s something which makes the game just a money game. It’s not football anymore.
“I think the Premier League should deduct points from these clubs.
“This is six clubs attacking the very heart of the Premier League and I think they should be disciplined. That’s what I would do.
“They should have discussed it with the Premier League – they should have received a consensus. It’s a system that has worked for many years.
“The Champions League is the ‘super league’.
“The Premier League need to discipline clubs. The Premier League has a constitution. They need to treat powerful clubs as severely as poorer clubs
“I think football is about competition – when you watch West Brom beat Chelsea – this is football. Every club can outperform.
“On Saturday, 11 players against 11 players. A club like Leeds can go down and come back and draw with Liverpool, this is football.
“To deprive this competition, devalues the game.”