Everton given further two-point deduction over PSR rules
The club is now just two points above the relegation zone
Last updated 8th Apr 2024
Everton have been given an additional two-point deduction for breaching the Premier League's profit and sustainability rules.
The Toffees have already been hit by a six-point sanction this season relating to breaching PSR in the assessment period up to the 2021-22 season.
Everton have now been hit by a further punishment for the three-year cycle to 2022-23, dropping them one spot to 16th, two points above the relegation zone.
The Premier League said in a statement: "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."Everton have been docked a further two points over breaking the Premier Leauge's Profit and Sustainability Rules.