AfriqueCAN: EVERTON have been given a further two-point deduction for a breach of the Premier League’s profitability and sustainability rules – PSR www.AfriqueCAN.com
The penalty, imposed by an independent commission that the Premier League referred Everton to in January, is the Merseyside club’s second of the campaign and relates to the three-year accounting period ending in the 2022-23 season.
Everton’s latest deduction drops them down a place to 16th in the Premier League standings, 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.”