OFFICIAL: Everton’s 10-point deduction reduced to six following appeal verdict

Everton were dealt a major blow three months ago when the Toffees were docked 10 points after breaching Premier League financial rules. However, Sean Dyche's team decided to appeal as they considered the sanction imposed on them by the domestic competition to be unfair.

The Toffees announced via an official statement on social media on Monday morning that following their appeal verdict the points deduction has been reduced to six points. 

As a result, the Goodison Park outfit, who were in 17th place on 21 points, just one above the relegation places, have moved up to 15th place on 25 points, overtaking Brentford and Nottingham Forest.

Everton's full statement: 

"Everton can confirm an Appeal Board has concluded that the points deduction imposed by an independent Premier League Commission in November be reduced from 10 points to six points, with immediate effect. While the Club is still digesting the Appeal Board’s decision, we are satisfied our appeal has resulted in a reduction in the points sanction.

"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, therefore, feels vindicated in pursuing its appeal. 

Notwithstanding the Appeal Board’s decision, and the positive outcome, the Club remains fully committed to cooperating with the Premier League in respect of the ongoing proceedings brought for the accounting period ending in June 2023.

The Club is still considering the wider implications of the decision and will make no further comment at this time other than to place on record its thanks to our Fan Advisory Board and other fan groups throughout this process, and to all Evertonians for their ongoing support and patience," reads the statement.

 

February 26, 2024