Everton shocked at immediate 10 point deduction – for breaking Premiere League financial rules
Everton shocked at immediate 10 point deduction.
The penalty effective immediately. This leaves the club with four points and plunges them into the relegation zone.
The club said it was “both shocked and disappointed” by the “wholly disproportionate and unjust” ruling.
Interim Chief Executive Officer, Colin Chong reacted saying the club will appeal.
Everton penalised after found to have breached the Premier League‘s profit and sustainability rules.
The punishment is the biggest sporting sanction in the competition’s history and leaves Everton 19th in the table on a new total of four points.
The Premier League referred Everton to an independent commission in March. But did not reveal specifics of the club’s alleged breach.
Everton posted financial losses for the fifth successive year in March after reporting a £44.7m deficit in 2021-22.
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