Everton have been deducted a further two points for another breach of the Premier League’s Profit and Sustainability Rules (PSR).
Before the announcement of the latest points deduction, Everton were 15th in the Premier League table, four points above the relegation zone. With this added points deduction, they now drop below Brentford into 16th on 27 points, two points above 18th placed Luton.
Everton were also deducted 10 points back in November for a separate breach of PSR’s rules, exceeding permitted losses by £19.5 million over a three-year period ending with the 2021/22 season. Following a successful appeal, the points deduction was reduced to six.
Premier League clubs can lose a maximum of £105m over three seasons. If they lose more than that, they will breach PSR.
Everton have published a club statement today responding to the latest charge and they intend to appeal the decision.
They said: “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 matter was referred to a Premier League Commission, which has today announced Everton will receive an immediate two-point deduction.
Embed from Getty Images“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.”
