Everton Deducted Two Points For Breaching Premier League Financial Rules

Everton has been penalized two points for a second infraction of the profit and sustainability regulations (PSR) of the Premier League.

This is Everton’s second penalty of the season; in November, they were penalized ten points, which was later reduced to six in February.

The Toffees are currently only two points above the relegation zone in the Premier League after dropping one spot.

Everton have said in a statement that they have “begun the preparations to appeal the commission’s decision.” The club said: “In January 2024, Everton were charged by the Premier League for breaching the permitted Profit and Sustainability thresholds for the assessment period ending 2022-23.

“The matter was referred to a Premier League Commission, which has today announced 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 credit to the majority of the issues raised by the Club, including the concept of double punishment, the significant mitigating circumstances facing the Club due to the war in Ukraine, and the high level of co-operation and early admission of the Club’s breach.

“Everton remains committed to working collaboratively with the League on all matters relating to PSR but is extremely concerned by the inconsistency of different commissions in respect of points deductions applied.

“The Club would like to place on record its thanks to the Fan Advisory Board and other fan groups for their submissions during this process, and to all Evertonians for their ongoing patience and unstinting support.

“The Club and its legal representatives have begun the preparations to appeal the Commission’s decision. No further comment will be made at this time.” [CONTINUE READING HERE]