The Toffees were hit with a 10-point deduction in November after an independent commission determined the club had breached the league’s profitability and sustainability rules. Now Sean Dyche and Everton have received surprising support from the Premier League.
“An independent Appeal Board has concluded that the sanction for Everton FC’s breach of the Premier League’s Profitability and Sustainability Rules (PSRs), for the period ending Season 2021/22, will be an immediate six-point deduction,” the league said in a statement.
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This is after the club admitted to making losses in excess of £105 million during the three-year period ending in the 2021/22 season.
The original points deduction meant Everton dropped from 14th in the standings into the relegation zone with four points. The club filed an appeal against the initial deduction, which they labelled “wholly disproportionate and unjust”.
Everton appealed against the severity of the punishment, which has now resulted in Sean Dyche’s team regaining four points.
Club Statement. 🔵https://t.co/16Xc0qrLtv
— Everton (@Everton) February 26, 2024
“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,” a club statement said.
On Saturday, Everton won one point thanks to a fantastic goal by Jarrad Branthwaite and on Monday, another four points returned.
The reduction has seen Everton jump from 17th in the EPL table to 15th and they are now five points clear of the relegation zone.