Everton have been left furious after being handed a 10 POINT DEDUCTION by the Premier League, it has been confirmed this week.
This comes after an independent commission hearing on alleged breach of Premier League profit and sustainability rules.
This now means that it is the biggest sporting sanction in the competition’s history and leaves Everton 19th in the table, two points from safety, falling down from 14th where they had been eight points above the drop zone.
Meanwhile, Burnley, Leeds and Leicester have confirmed their intention to sue Everton for a total of £300million after the club were found guilty of breaching financial fair play rules.
Mail Sport report that senior figures at the three clubs had talks hours after the news of Everton’s points deduction was announced, and the trio will be reaffirming their plans to sue.
🚨 Everton have received a 10-point deduction for breaching Premier League financial fair play rules. pic.twitter.com/uPUm9z2RVU
— Match of the Day (@BBCMOTD) November 17, 2023
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.
— Everton (@Everton) November 17, 2023
PREMIER LEAGUE STATEMENT:
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.
Click here to read the independent Commission’s full written reasons.
Click here to read a further decision by the Chair of the Commission, dated 9 May 2023, regarding applications from Leicester City FC, Burnley FC, Southampton FC, Leeds United FC and Nottingham Forest FC.
Commissions are independent of the Premier League and member Clubs. The members of the Commission were appointed by the independent Chair of the Premier League Judicial Panel, in accordance with Premier League Rules W.19, W.20 and W.26.
Profitability and Sustainability Rules (see Premier League Handbook Section E)
– All Premier League Clubs are assessed for their compliance with the Profitability and Sustainability Rules each year.
– Compliance is assessed by reference to the Club’s PSR Calculation, which is the aggregate of its Adjusted Earnings Before Tax for the relevant assessment period.
– A Club’s Adjusted Earnings Before Tax figure for each season takes account of its profit or loss after depreciation and interest, but before tax, and then applies a series of ‘add backs’.
– These ‘add backs’ are costs that the Premier League and its Clubs recognise to be in the general interest of the club and football e.g. investment in infrastructure, community, women’s football, youth development and depreciation of tangible fixed assets. Exceptionally, in relation to years 2019/20, 2020/21 and 2021/22 COVID-19 costs were also permitted to be included as ‘add backs’.
– Ordinarily, a Club’s PSR Calculation is the aggregate of its Adjusted Earnings Before Tax over a three-year period. Following amendments made to the PSRs during COVID-19, the relevant figures for Seasons 2019/20 and 2020/21 are now averaged. In the present case, therefore, the relevant period included Season 2021/2022, the average Adjusted Earnings Before Tax for Seasons 2020/21 and 2019/20 and Season 2018/19.
– A Club will be in breach of the PSRs if its PSR Calculation over the relevant period results in a loss in excess of £105 million (with that threshold reduced by £22 million for each season that the relevant Club has been in the Championship during the relevant period).
Premier League investigations and independent Commissions
– The Premier League Board have the power to investigate any suspected or alleged breach of Premier League Rules.
– Where, following the conclusion of an investigation or otherwise, the Board believes that there is a suspicion or allegation of a Rule breach, it has a number of options available to it. One of these options is to issue a written compliant and refer the matter to a Commission.
– The League has access to an independent Judicial Panel, comprising a number of legal, financial and other experts. Members of the Judicial Panel are appointed by its independent Chair, Murray Rosen KC, an experienced barrister. It is the Chair who selects members of the Judicial Panel to sit on Commissions, which are independent of the Premier League.
– All proceedings are confidential and heard in private.
– There are a range of sanctions available to the Commission which include
fines, points deductions and other sporting sanctions.
– At the conclusion of proceedings, a Commission’s final decision will be
published on the Premier League website.
– For further information on the disciplinary process, please see Section W of the Premier League Handbook.
Here’s how fans reacted with Everton left furious after being handed a 10 POINT DEDUCTION by the Premier League…
115 charges = silence
1 charge= 10 points deduction
@Daveyeahhh: As much as I find this funny. City should be sitting in non league.
@sambenno: The premier league is corrupt what a disgrace
@owen_bhafc: Wow. Let’s hope Chelsea are next on the list for point deductions. Let’s start to root out corruption in the Premier League!
@FollowEverton: It’s been well documented that the club has been run by jokers previously, so being guilty does not surprise us…. And even if we give the club the benefit of the doubt and agree, this is the harshest punishment ever seen. They are making an example of us.
@pauly1878: Fight this tooth and nail. Breakaway 6 get nothing, no points deductions for city or Chelsea. Everton being made an example of, fight this to the very end
@EvertonBanners: Absolute disgrace this @Everton need to start standing up for themselves and exposing the hypocrisy and corruption that’s rife in the @premierleague
@ChrisWi98306072: Time to go to war Everton, expose the corruption and protection of the supposed top 6! Found guilty but the Premier League signed off on all transfer deals over the last 2 year! 1 charge v hundreds of allegations by City n Chelsea. Its corruption, plain to see!
@ianmitty: Can’t wait to see citeh playing in the conference then
@KJoszko: We was always getting some points deduction, they won’t be happy unless we finally get hammered with something but 10 points is a farce! Look forward to City playing in the National League
@Ianwayne22: Absolute disgrace and that’s coming from a Liverpool fan, city got 115 charges against them and not one deducted point. And no doubt never will. Money talks hey.
@Julian_00_a: Even with the deduction you should be fine this year. Surely some things went wrong but I wonder why Chelsea and especially City still have nothing against them? Will City get a 10k fine again or something?
Football finance expert Kieran Maguire explains the reasons for Everton’s 10-point deduction ⚖️ pic.twitter.com/rfehakAwOg
— Sky Sports News (@SkySportsNews) November 17, 2023
Man City and Chelsea watching Everton get hit with a 10 point deduction pic.twitter.com/zuIGKXsblb
— Paddy Power (@paddypower) November 17, 2023
Everton’s biggest mistake was limiting themselves to a single FFP breach.
114 additional ones and they would’ve got away scot-free.
— Paddy Power (@paddypower) November 17, 2023