Premier League Club Deducted Two More Points For Breaching Financial Rules

The Merseyside-based club are slapped with yet another point-deduction for breaching Financial Rules and are in huge trouble in the Premier League. Read below.

Premier League: English Premier League outfit Everton have been slapped with yet another points penalty, as the Merseyside-based club are docked two more points for breaching Financial Rules. The decision was taken on Monday, April 8 and was later confirmed by Premier League.

The reason why Everton are deducted two more points is that Profit and sustainability rules (PSR) allow the clubs a spending power of  105 million euros over the period of three seasons. However, upon intense investigation, the independent commission found that Everton had breached the figure by an exceeding amount of 16.6 million euros in the 2022-23.

In the aftermath of the decision, Everton have stated that the club will appeal the decision and released a club statement on Monday.

 

"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," read the club statement.

 

Will Everton Survive In The Premier League

It will be interesting to see whether Everton makes it out of the relegation battle at the end of the season or not, as Sean Dyche's side are now 16th with 27 points and are ahead of 18th placed Luton Town by merely 2 points, but with one game less being played. In case if the penalty isn't reversed, then Everton will have to make sure they touch the figure of 43 points in-order to ensure mathematical safety.