Everton Bang Two-Point Deduction for the Second Breach of Financial Rules

Everton have been hit with a second-point deduction in the Premier League this season. The Toffees were initially docked 10 points in November, which was later reduced to 6 after an appeal. Read more sports news here.

Everton's two-point deduction means that their total points have dropped from 29 to 27. This puts them two points ahead of Nottingham Forest and Luton. Despite their win against Burnley on Saturday, they now stand in 16th position after the two-point deduction in the Premier League table.

“An independent commission has given an immediate two-point deduction to Everton FC for a breach of the Premier League’s profitability and sustainability rules (PSRs) for the period ending season 2022/23. “Over a three-day hearing last month, the independent commission heard evidence and arguments from the club in respect of a range of potential mitigating factors for its admitted breach of £16.6million, including the impact of its two successive PSR charges. Having done so, the commission determined the appropriate sanction to be a two-point deduction, taking effect immediately.

A Premier League statement read:

“The independent commission reaffirmed the principle that any breach of the PSRs is significant and justifies, indeed requires, a sporting sanction.”

The Premier League statement continues.

Everton have confirmed that they will now appeal against their second penalty in a club statement released by Everton.

“In January 2024, Everton were charged by the Premier League for breaching the permitted profitability 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.

The club statement read:

“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.”

The statement continues:

Everton have just seven remaining fixtures, starting with an away game at Chelsea next Monday. This is followed by three consecutive home games against relegation rivals Nottingham Forest, Liverpool, and Brentford.