Everton FC responds after being handed 10-point deduction
They were found to have beached financial fair play rules
Everton Football Club has been handed a 10 point deduction after the club was found to have breached financial fair play rules.
In March, they were reported to an independent commission for suspected violations during the 2021-22 season.
After a recent hearing, the Premier League decided to penalize them with a points deduction.
As a result, Sean Dyche's team will fall to 19th place in the standings, just ahead of Burnley at the bottom due to goal difference.
In a statement the club says:
"Everton Football Club is both shocked and disappointed by the ruling of the Premier League's Commission.
"The Club believes that the Commission has imposed a wholly disproportionate and unjust sporting sanction. The club has already communicated its intention to appeal the decision to the Premier League. The appeal process will now commence and the Club's case will be heard by an Appeal Board appointed pursuant to the Premier League's rules in due course.
"Everton maintains that it has been open and transparent in the information it has provided to the Premier League and that it has always respected the integrity of the process. The Club does not recognise the finding that it failed to act with the utmost good faith and it does not understand this to have been an allegation made by the Premier League during the course of proceedings. Both the harshness and severity of the sanction imposed by the Commission are neither a fair nor a reasonable reflection of the evidence submitted.
"The Club will also monitor with great interest the decisions made in any other cases concerning the Premier League's Profit and Sustainability Rules.
"Everton cannot comment on this matter any further until the appeal process has concluded."