Everton was docked an unprecedented ten points for violating profit and sustainability regulations, with the Premier League endorsing the report of an impartial committee.
The Premier League has supported the conclusions of an impartial committee that found Everton had violated sustainability and profit regulations.
The Premier League released a statement saying, “An independent Commission has imposed an immediate deduction of 10 points on Everton FC for a breach of the Profitability and Sustainability Rules.”
Earlier this year, the Premier League filed a complaint against the Club and forwarded the matter to an impartial Commission. The Club acknowledged throughout the hearings that it had violated the PSRs for the season ending in 2021–2022, but there was disagreement about how much.
“The Premier League maintained that Everton FC’s PSR Calculation for the relevant period resulted in a loss of £124.5m, which surpassed the level of £105m authorised under the PSRs. The Commission found this after a five-day hearing last month. The panel came to the conclusion that a 10-point deduction should be applied as a sporting sanction. That penalty is effective right now.
Early on Friday afternoon, it was revealed that Everton had been given a penalty, sending them into the relegation zone. Furthermore, the Toffees have said that they would appeal the ruling, calling it “unjust” and “disproportionate”.
“The Premier League’s Commission’s decision has startled and upset the Everton Football Club. According to a club statement, “The Club believes that the Commission has imposed a wholly disproportionate and unjust sporting sanction.”
“The Club has already informed the Premier League of its plan to appeal the ruling. The Club’s case will now be considered by an Appeal Board that has been formed in accordance with Premier League regulations, and the appeal process will officially begin.
“Everton insists that it has always maintained the process’ integrity and has been open and upfront in the information it has given the Premier League. The Club does not acknowledge the conclusion that it did not operate in good faith, and it is not know that the Premier League has made this claim at any point throughout the proceedings.
“Neither the harshness nor the severity of the sentence imposed by the Commission fairly or reasonably reflect the evidence that was provided. The Club will also be closely watching any further rulings pertaining to the Premier League’s Profit and Sustainability Rules. Everton is unable to speak further on this issue until the
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