‘Everton now have clarity’
Everton has been deducted two points for breaching the Premier League’s Profitability and Sustainability Rules (PSR). The club was sitting in 15th place in the Premier League table, four points above the bottom three before the deduction. However, they now drop below Brentford into 16th place on 27 points, two points and two places above 18th-placed Luton.
Everton’s response to the deduction in full
The club has released a statement saying that they have begun preparations to appeal the commission’s decision. Everton remains committed to working collaboratively with the League on all matters relating to PSR but is extremely concerned by the inconsistency of different commissions in respect of points deductions applied.
What do the written reasons say?
According to the written reasons published by the independent commission handling the case, Everton breached their allowed spending of a £105m loss over three seasons by £16.6m. The Premier League and the commission initially wanted to impose a five-point deduction on the club, but it was reduced to two on mitigating factors. The commission felt the breach is “broadly consistent” with the four-point deduction handed to Nottingham Forest.
PSR explained: What limits clubs spending more?
The Premier League’s Profitability and Sustainability Rules (PSR) limit clubs from spending more than £105m in losses over three seasons. Clubs can only lose £15m of their own money across those three years. The other £90m of any £105m must be guaranteed by their owners buying up shares, known as ‘secure funding’, and essentially means bankrolling the club.
Everton’s fixture run-in
Everton’s fixture run-in includes games against Chelsea, Nottingham Forest, Liverpool, Brentford, Luton, Sheffield United, and Arsenal.
Nottingham Forest has appealed against a four-point deduction for breaching PSR rules over a period ending with the 2022/23 season. The Premier League reduced Everton’s ten-point deduction to six following a successful appeal.
Conclusion
Everton has been deducted two points for breaching the Premier League’s PSR rules. The club has released a statement saying that they have begun preparations to appeal the commission’s decision. The Premier League’s PSR rules limit clubs from spending more than £105m in losses over three seasons. Everton’s fixture run-in includes games against Chelsea, Nottingham Forest, Liverpool, Brentford, Luton, Sheffield United, and Arsenal.