Everton Docked Another Two Points For Financial Rule Breaches
Everton have been hit with a further two-point deduction for breaching the Premier League's Profit and Sustainability Rules.
It is the second time Everton have been deducted points for financial rule breaches this season.
They were hit with a ten-point penalty in November although upon appeal, the punishment was reduced to six points in February.
Under Premier League regulations, clubs can lose a maximum of £105m over a three-season period, or £35m per campaign, before facing sanctions.
Everton are believed to have exceeded that limit by £16.6m.
The fresh punishment sees Everton drop to 16th on the Premier League table, just two points above the relegation zone.
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.”
