Everton have been docked a further two points for beaching Profit and Sustainability Rules (PSR).
The Merseyside club were hit with an initial 10-point punishment in November that was later reduced to six on appeal due to excessive losses in the three-year accounting period up to the end of the 2021-2022 season.
Read our other football news stories here:
Neuer set to return for Bayern v Arsenal
Turkish Super Cup descends into chaos
Mbappe believes Barcelona tie could be turning point for PSG
The new sanction applies to the period up to the end of the 2022/23 season and sees the Toffees slip a place to 16th in the Premier League table, two points above the relegation zone.
A Premier League statement read: “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 £16.6m, 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.”
Club Statement. pic.twitter.com/MQuaKADY54
— Everton (@Everton) April 8, 2024
Everton have already confirmed they intend to appeal. A club statement read: “In January 2024, Everton were charged by the Premier League for breaching the permitted Profit and Sustainability thresholds for the assessment period ending 2022/23.
“The matter was referred to a Premier League Commission, which has today announced Everton will receive an immediate two-point deduction. While the Club’s position has been that no further sanction was appropriate, the Club is pleased to see that the Commission has given credit to the majority of the issues raised by the Club, including the concept of double punishment, the significant mitigating circumstances facing the Club due to the war in Ukraine, and the high level of co-operation and early admission of the Club’s breach.
“Everton remains committed to working collaboratively with the League on all matters relating to PSR but is extremely concerned by the inconsistency of different commissions in respect of points deductions applied.
“The Club would like to place on record its thanks to the Fan Advisory Board and other fan groups for their submissions during this process, and to all Evertonians for their ongoing patience and unstinting support.
The Club and its legal representatives have begun the preparations to appeal the Commission’s decision.”
