Everton sanction for financial breaches reduced to six points - ESPN

Everton's punishment for breaching the Premier League's profit and sustainability rules (PSRs) has been reduced from 10 points to six on appeal by the Merseyside club, the Premier League announced on Monday.

The initial 10-point sanction was handed down in November, with Everton immediately filing their appeal against what was the harshest such penalty in Premier League history.

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In a statement on Monday, the league said: «Everton FC appealed the sanction imposed against it on nine grounds, each of which related to the sanction rather than the fact of the breach, which the club admitted.

»Two of those nine grounds were upheld by the Appeal Board, which has substituted the original points deduction of 10 for six.

«This revised sanction has immediate effect and the Premier League table will be updated today to reflect this.»

The decision moves Everton from 17th in the league table to 15th, five points clear of the relegation zone.

Everton said they were satisfied at the ruling in a club statement posted Monday.

«We understand the Appeal Board considered the 10-point deduction originally imposed to be inappropriate when assessed against the available benchmarks of which the club made the Commission aware, including the position under the relevant EFL regulations, and the 9-point deduction that is imposed under the Premier League's own rules in the event of insolvency.

»The club is also particularly pleased with the Appeal Board's decision to overturn the original Commission's finding that the club failed to act in utmost good faith.

«That decision, along with reducing the points deduction, was an incredibly important point of principle for the Club on appeal. The club,