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17th November 2023
12:47pm GMT
Everton have plummeted into the relegation places following their historic points deduction.
On Friday, the Premier League announced the Merseyside club would be handed a 10-point deduction after being found guilty of breaching the league's Financial Fair Play rules.
The deduction is the biggest punishment ever handed out in the competition's history, and will have a huge impact on the Premier League table.
Following the points deduction, Everton have dropped from 14th in the table all the way down to 19th, putting them in the relegation places.
They now sit on four points, and are only above bottom-placed Burnley on goal difference. The points deduction leave them five points adrift of safety, with Luton rising out of the relegation zone into 17th-place.
Responding to the punishment, the club said it was "both shocked and disappointed" by the "wholly disproportionate and unjust" ruling.
They confirmed they intend to appeal against the sanction.
The Toffees said in a statement: “Everton Football Club is both shocked and disappointed by the ruling of the Premier League’s commission.
“The club believes that the commission has imposed a wholly disproportionate and unjust sporting sanction. The club has already communicated its intention to appeal the decision to the Premier League. The appeal process will now commence and the club’s case will be heard by an appeal board appointed pursuant to the Premier League’s rules in due course.
“Everton maintains that it has been open and transparent in the information it has provided to the Premier League and that it has always respected the integrity of the process. The club does not recognise the finding that it failed to act with the utmost good faith and it does not understand this to have been an allegation made by the Premier League during the course of proceedings. Both the harshness and severity of the sanction imposed by the commission are neither a fair nor a reasonable reflection of the evidence submitted.
“The club will also monitor with great interest the decisions made in any other cases concerning the Premier League’s profit and sustainability rules. Everton cannot comment on this matter any further until the appeal process has concluded.”
A statement from the Premier League read: “An independent commission has imposed an immediate deduction of 10 points on Everton FC for a breach of the Premier League’s profitability and sustainability rules (PSRs).
“The Premier League issued a complaint against the club and referred the case to an independent commission earlier this year. During the proceedings, the club admitted it was in breach of the PSRs for the period ending Season 2021/22 but the extent of the breach remained in dispute.
“Following a five-day hearing last month, the commission determined that Everton FC’s PSR calculation for the relevant period resulted in a loss of £124.5million, as contended by the Premier League, which exceeded the threshold of £105million permitted under the PSRs. The commission concluded that a sporting sanction in the form of a 10-point deduction should be imposed. That sanction has immediate effect.”
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