Everton's 10-Point Deduction Reduced To Six After Appeal
Everton have had their 10-point deduction for breaching the Premier League's financial rules reduced to four following an appeal.
The ruling moves the Toffees further away from the relegation zone to 15th on the table.
The extra four points means Everton are now five points clear of the relegation zone.
Everton were handed the punishment in November and 10 points was the highest deduction given to a club in Premier League history.
An Everton statement read: "While the club is still digesting the appeal board's decision, we are satisfied our appeal has resulted in a reduction in the points sanction.
"We understand the appeal board considered the 10-point deduction originally imposed to be inappropriate when assessed against the available benchmarks of which the club made the commission aware, including the position under the relevant EFL regulations, and the nine-point deduction that is imposed under the Premier League's own rules in the event of insolvency.
"The club is also particularly pleased with the appeal board's decision to overturn the original commission's finding that the club failed to act in utmost good faith. That decision, along with reducing the points deduction, was an incredibly important point of principle for the club on appeal. The club, therefore, feels vindicated in pursuing its appeal."
Everton are still battling a second charge of breaching the Premier League's financial rules which which is expected to be heard later in the season.
