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Everton Football Club has been dealt a significant blow with a further two-point deduction for breaching the Premier League’s profitability and sustainability rules. This latest penalty drops the Toffees to 16th place in the Premier League table, just two points above the relegation zone with seven games remaining in the season.
The club has announced its intention to appeal the deduction, stating that they do not believe the further sanction is appropriate. Everton had previously been hit with a 10-point penalty in November for a breach relating to the three-year period ending in the 2021-22 season, which was later reduced to six points on appeal in February.
The latest breach, for which Everton were referred to an independent commission in January, is related to the three-year accounting period ending in the 2022-23 campaign. The Premier League’s profitability and sustainability rules permit clubs to lose £105 million over a three-year window, and the independent commission found Everton exceeded that by £16.6 million up to the 2022-23 season.
Relegation rivals Nottingham Forest were also docked four points in March for falling foul of PSR regulations, and they too have launched an appeal. The Premier League stated that any breach of the PSRs is significant and justifies a sporting sanction.
In response to the commission’s decision, Everton’s statement expressed concern over the inconsistency of different commissions in respect of points deductions applied. The club remains committed to working collaboratively with the league on all matters relating to PSR and has begun preparations to appeal the decision.
The news comes as a blow to Everton manager Sean Dyche as he tries to secure the club’s Premier League status. Everton’s next match is away to Chelsea next Monday evening, and they face the possibility of dropping into the bottom three by then.
