New Premier League rules to be fast-tracked as Everton discover stance on more points deductions

The threat of points deductions for clubs that breach Premier League financial regulations is to remain, regardless of the form that any new controls take.

Member clubs of the Premier League met on Wednesday (April 10) for their monthly shareholder meeting where one of the main issues on the agenda was how to go about finding appropriate financial controls that can replace the current profit and sustainability rules (PSR).

PSR has become a dominant topic in the Premier League this season, with Everton landed with two charges for different accounting periods and two separate points deductions for breaching PSR.

Back in March last year, the Toffees were hit with a charge for a breach in the 2021/22 accounts of around £20m against the allowable level of £105m over three years. For that breach they were handed a 10-point deduction in November, a punishment that was reduced to six upon appeal in February.

Everton takeover: 777 Partners in race to meet Premier League conditions as critical date nears

Everton are trapped in a spiral of misery and the Premier League appears unwilling to let them escape

Last week, Everton’s breach for the 2022/23 financial year saw them hit with another deduction, this time a two-point deduction.

Initially, the Premier League had sought a 12-point deduction for Everton for 2021/22, and they had been seeking a five-point deduction for the 2022/23 offences. Had those wishes been granted then Everton would have been hit with a 17-point deduction. The points deductions for financially failing football clubs that fall into administration is nine points.

The rush to make sure clubs are punished in the same season means that both Everton and Nottingham Forest will finish this season with asterisks by