The Premier League have confirmed that Everton have been docked 10 points after being found guilty of breaching Financial Fair Play (FFP) rules. The Toffees will now drop down to 19th in the table, on four points, following the announcement.
A statement from the league read: «An independent Commission has imposed an immediate deduction of 10 points on Everton FC for a breach of the Premier League’s Profitability and Sustainability Rules (PSRs).
»The Premier League issued a complaint against the Club and referred the case to an independent Commission earlier this year. During the proceedings, the Club admitted it was in breach of the PSRs for the period ending Season 2021/22 but the extent of the breach remained in dispute. Following a five-day hearing last month, the Commission determined that Everton FC’s PSR Calculation for the relevant period resulted in a loss of £124.5million, as contended by the Premier League, which exceeded the threshold of £105million permitted under the PSRs.
«The Commission concluded that a sporting sanction in the form of a 10-point deduction should be imposed.»
The Premier League's decision to punish Everton is a landmark decision over the handling of financial conduct. And while Sean Dyche's team prepare for another relegation battle, the rest of the league will have questions over Manchester City's case.
City were referred to an independent panel in February for an alleged 115 breaches of league rulings between the period of 2009 and 2019. A five-year investigation from the league presented them with several different claims against the club.
Everton found guilty of FFP charges amid Premier League points deduction decision
Arsenal face anxious Man City points deduction wait as Premier LeagueRead on football.london