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Premier League Reduces Everton Points Deduction After Successful Appeal

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Everton’s initial 10-point deduction has been reduced to six after an appeal.

The Toffees officially announced the deduction in a statement on Monday.

The decision came after the club violated profitability and sustainability rules (PSR).

An independent commission discovered that they had gone over the allowed losses under the league’s PSR by £19.5 million up to the end of the 2021–22 season.

Now, an independent appeal board has decreased the deduction by four points, moving the club to 25 points in the standings and up to 15th place.

However, the club is still facing a second PSR complaint for breaking rules during the assessment period that ended last season.

“Everton can confirm an Appeal Board has concluded that the points deduction imposed by an independent Premier League Commission in November be reduced from 10 points to six points, with immediate effect,” the club said.

“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 9-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.

“Notwithstanding the Appeal Board’s decision, and the positive outcome, the Club remains fully committed to cooperating with the Premier League in respect of the ongoing proceedings brought for the accounting period ending in June 2023.

“The Club is still considering the wider implications of the decision and will make no further comment at this time other than to place on record its thanks to our Fan Advisory Board and other fan groups throughout this process, and to all Evertonians for their ongoing support and patience.“

Femi Onasanya
Femi Onasanyahttps://allubtimes.com
Femi is a sport enthusiast, writer and commentator. Passionate about Sports and physical therapy with a flair for writing.

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