- Toffees docked 10 points for breaching PSR rules, reduced to six on appeal
- They have now been granted a new deduction, but plan to appeal the verdict.
- Have Liverpool been mentally torpedoed by Man United? Listen to the Podcast Everything is beginning
<!–
<!–
<!–
<!–
<!–
<!–
Everton have been awarded an additional two-point deduction for breaching the Premier League’s profitability and sustainability rules.
The latest penalty sees the Toffees drop to 16th in the Premier League table, just two points above the relegation zone with seven games left to play.
The Goodison Park club have announced their intention to appeal the deduction, with a statement saying they “did not believe the additional penalty was appropriate”.
Everton received a 10-point penalty in November for a PSR violation related to the three-year period ending in the 2021-22 season. This number was reduced to six on appeal in February.
This second breach, for which Everton were referred to an independent commission in January, relates to the three-year accounting period ending in the 2022-23 campaign.
Everton have received a new two-point deduction under the Premier League’s profitability and sustainability rules (PSR).
The Toffees quickly announced their intention to appeal the latest punishment.
Your browser does not support iframes.
The Premier League’s PSR rules allow clubs to lose £105m over the three-year period and the independent commission found Everton exceeded that figure by £16.6m until 2022-23.
The Everton club statement read: “In January 2024, the Premier League accused Everton of breaching the permitted profit and sustainability thresholds for the assessment period ending in 2022/23.
‘The matter was referred to the Premier League Commission, which today announced that Everton will receive an immediate two-point deduction.
“While the Club’s position has been that no further sanction was appropriate, the Club is pleased to see that the Commission has given credence to the majority of the issues raised by the Club, including the concept of double punishment, the significant circumstances mitigating factors faced by the Club due to the war in Ukraine and the Club’s high level of cooperation and early admission of non-compliance.
“Everton remains committed to working collaboratively with the League on all matters relating to the PSR, but is extremely concerned about the inconsistency of the different committees regarding the points deductions applied.
“The Club would like to record its gratitude to the Fan Advisory Council and other fan groups for their contributions during this process, and to all Evertonians for their continued patience and unconditional support.
“The Club and its legal representatives have begun preparations to appeal the Commission’s decision.”
More to follow.