Everton’s punishment for breaching Premier League financial rules has been reduced from 10 points to six after an appeal.
The club were immediately docked 10 points in November for breaching profit and sustainability rules (PSRs) in the three-year period to 2021-22.
The punishment – the biggest in Premier League history – took Everton from 14th to 19th in the table.
The reduction in the ban lifts them from 17th to 15th.
“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,” read a Premier League statement.
“Two of those nine grounds were upheld by the appeal board, which has substituted the original points deduction of 10 for six.”
The appeal board concluded that the independent commission’s initial ruling in November 2023 “made legal errors” on two grounds.
More to follow.
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