Following an appeal, Everton’s penalty for violating Premier League financial regulations was lowered from ten points to six.
In November, the club received a 10-point deduction right away for violating the profit and sustainability rules (PSRs) for the three-year period ending in 2021–2022.
The Premier League’s largest-ever fine dropped Everton from 14th to 19th place in the standings. They jump from 17th to 15th place due to the deduction’s lowering.
“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 determined that the November 2023 independent commission’s initial decision “made legal errors” for two reasons.