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.
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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.”