Everton faces a 10-point deduction from the Premier League for financial violations.
Relegation threat looms as the club sits at 19th place with four points from 12 matches.
Everton plans to appeal, deeming the punishment disproportionate.
In a shocking turn of events, Everton Football Club has been handed a severe blow by the Premier League (PL), which announced an immediate 10-point deduction for the club due to breaches of Financial Fair Play (FFP) measures. The decision comes after a lengthy seven-month discussion between Everton and the PL over alleged violations of profitability and sustainability rules dating back to March 2023.
The Merseyside club, currently languishing in the 19th position on the Premier League points table with just four points from 12 matches, now faces the ominous prospect of relegation to the Championship if they fail to turn their fortunes around.
A press release from the Premier League revealed that the club admitted breaching Profitability and Sustainability Rules (PSRs) for the period ending Season 2021/22. However, the extent of the breach remained a point of contention between the club and the league. After a five-day hearing last month, an independent Commission determined that Everton FC’s PSR Calculation resulted in a loss of £124.5 million, exceeding the £105 million threshold permitted under the PSRs. Consequently, the Commission decided to impose a sporting sanction in the form of a 10-point deduction.
Everton, responding to the PL’s decision, expressed shock and disappointment, labeling the punishment as “wholly disproportionate and unjust.” The club promptly announced its intention to appeal the ruling, initiating an appeal process that will see its case heard by an Appeal Board appointed by the Premier League in due course.
The club maintained that it had been open and transparent in its dealings with the Premier League, emphasizing its respect for the integrity of the process. Everton disputed the finding that it failed to act with the utmost good faith, a point they claim was not raised as an allegation by the Premier League during the proceedings. The club criticized both the harshness and severity of the sanction, arguing that it is neither a fair nor reasonable reflection of the evidence submitted.
This development marks a rare instance in Premier League history, with only two other clubs, Middlesbrough and Portsmouth, having been docked points previously, but none facing a penalty as substantial as Everton’s. The footballing world now watches closely as the club navigates the appeal process, which could have far-reaching implications for Everton’s immediate future in the top-flight competition.
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