Everton docked two more points for breach of Premier League financial rules

Photo by Tony McArdle/Everton FC via Getty Images

Everton have been given an additional two-point deduction for a breach of the Premier League’s profitability and sustainability rules (PSR), it was announced Monday.

The decision followed a previous six-point PSR penalty imposed on Everton and left the Merseyside club just two points above the relegation zone with seven games left to play this season.

“An independent commission has given an immediate two-point deduction to Everton FC for a breach of the Premier League’s profitability and sustainability rules (PSRs) for the period ending season 2022/23,” said a Premier League statement issued Monday.

“Over a three-day hearing last month, the independent commission heard evidence and arguments from the club in respect of a range of potential mitigating factors for its admitted breach of £16.6 million, including the impact of its two successive PSR charges.

“Having done so, the commission determined the appropriate sanction to be a two-point deduction, taking effect immediately.”

The Premier League added the independent commission “reaffirmed the principle that any breach of the PSRs is significant and justifies, indeed requires, a sporting sanction.”

Everton revealed an £89.1 million ($112 million) loss for the 2022/23 season in their financial accounts published last month.

The Toffees’ losses were a significant increase from the 2021/22 season, when their accounts showed a £44.7 million deficit.

The Goodison Park club, now 16th in the table, have blamed the indefinite suspension of sponsorship deals with key commercial partners as mitigation for the increased loss.

The original six-point penalty imposed on Everton earlier this season breaches related to PSR breaches during the