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    Everton slammed with second Premier League points deduction

    David GreatBy David GreatApril 8, 2024No Comments1 Min Read
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    Everton face 12-point penalty for financial breaches
    Everton have recorded annual losses for five consecutive years, more than £430 million in total over the period.
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    Everton have received a two-point deduction, their second points cut this season, after the club’s appeal against a Premier League charge for a breach of Profitability and Sustainability Rules (PSR) was unsuccessful, the league said on Monday.

    The penalty is Everton’s second of the campaign after they were hit with a 10-point deduction in November, which was reduced to six in February.

    The Toffees have now dropped down one position to 16th in the Premier League and just two points above the relegation zone.

    The independent commission heard evidence and arguments from the club on a range of potential mitigating factors for its admitted breach of 16.6 million pounds, including the impact of its two successive PSR charges, the league said.

    “The commission determined the appropriate sanction to be a two-point deduction, taking effect immediately,” it said in a statement.

     

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    TCN adds 600MW to national grid

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