English Premier League club Everton have confirmed that their initial penalty of ten points deduction for breach of Premier League profitability and sustainability rules has been reduced to six points.
Everton’s appeal
Everton appealed the 10-point deduction penalty, as it was confirmed in a statement issued by the Premier League, “on nine grounds, each of which related to the sanction rather than the fact of the breach, which the club admitted.”
The Toffees were penalized 10 points for violating spending regulations in the 2021–2022 season, after exceeding the permitted £105 million in losses by £19.5 million,
However, the club has maintained that there are mitigating considerations that need to be considered. These included losses that were acceptable, such as stadium expenses, financial losses brought on by the Russian war, and COVID-related setbacks.
In a statement, the Premier League confirmed that Everton appealed the 10-point sanction “on nine grounds, each of which related to the sanction rather than the fact of the breach, which the club admitted.”
Premier League statement on reduction of Everton’s point deduction penalty
“An independent Appeal Board has concluded that the sanction for Everton FC’s breach of the Premier League’s Profitability and Sustainability Rules (PSRs), for the period ending Season 2021/22, will be an immediate six-point deduction. This follows the club’s appeal of an independent Commission’s decision in November 2023 to impose a 10-point deduction for the club’s breach of the PSRs.
“The appeal was heard over three days earlier this month, by an Appeal Board comprising Sir Gary Hickinbottom (Chair), Daniel Alexander KC and Katherine Apps KC. Two of those nine grounds were upheld by the Appeal Board, which has substituted the original points deduction of 10 for six.
“This revised sanction has immediate effect and the Premier League table will be updated today to reflect this. Click here to read the independent Appeal Board’s full written reasons, which includes a two-page summary of its decision. Appeal Boards are independent of the Premier League and member clubs. The members of the Appeal Board were appointed by the independent Chair of the Premier League Judicial Panel.
“The Premier League Board is satisfied with today’s decision and that the independent disciplinary process, clearly set out in its Rules and agreed by all clubs, has been followed throughout.”, as reported by nbcsports
This development would see the Toffees move to 15th position on the table, above Brentford and Nothingham Forest.
