The Premier League Commission has imposed a 10-point deduction on Everton Football Club for breaching the Premier League Profitability and Sustainability Rules (PSRs).
Earlier this year, the Premier League filed a complaint against the club and forwarded the case to the League’s independent commission.
Throughout the proceedings, the club acknowledged its violation of the PSRs for the period ending the 2021/2022 season, yet the extent of the breach remained a point of contention.
After a five-day hearing last month, the Commission concluded that Everton FC’s PSR Calculation for the relevant period showed a loss of £124.5 million, as asserted by the Premier League, surpassing the permissible threshold of £105 million under the PSRs.
In the Commission’s full report, it indicated that a sporting sanction in the form of a 10-point deduction should be imposed on the club.
It emphasized that the the sanction has immediate effect.
Additionally, despite accepting the breach of the PSRs the club argued that properly calculated the breach was £9.7 million.
Furthermore, Everton advanced factual material that its asserts mitigates the gravity of the breaches.
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