Everton handed further points deduction for Premier League financial rules breach
- Everton handed two-point deduction for breaching PSR rules
- Toffees already deducted six points earlier this season
- Sean Dyche's men drop to 16th as a result of new punishment
By Sean Walsh
Everton have been handed a two-point deduction for a breach of Premier League profit and sustainability rules (PSR).
The Toffees had already been deducted six points - which was reduced from ten on appeal - for a previous breach of financial regulations.
They have now been hit by another penalty after an independent commission recommended such a punishment for their spending in a three-year accounting period ending in the 2022/23 season.
This new points deduction has seen Everton drop below Brentford into 16th place in the Premier League table and they are now only two points clear of the relegation zone.
Everton confirmed in a club statement on Monday they plan to appeal this punishment.
"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 statement read.
"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."
Meanwhile, a Premier League statement read: "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.
"The independent Commission reaffirmed the principle that any breach of the PSRs is significant and justifies, indeed requires, a sporting sanction.
"Click here to read the independent Commission’s full written reasons.
"Commissions are independent of the Premier League and member clubs. The members of the Commission were appointed by the independent Chair of the Premier League Judicial Panel."
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