🥅 Another blow for Everton fans! On Monday, the Premier League announced that Everton suffered a two-point deduction after an independent panel found the club breached profit and sustainability rules (PSRs). 📉
During a three-day hearing last month, the panel considered evidence and arguments from Everton regarding mitigating factors for their admitted breach of £16.6 million. Despite their efforts, the panel decided that a two-point deduction was appropriate, effective immediately.
This latest penalty drops Everton down to 16th place in the league table, leaving them just two points above the relegation zone. 😬
It's not the first time this season that Everton has faced sanctions. Back in November 2023, they were initially hit with a hefty 10-point deduction for their first PSR breach. After an appeal, that penalty was reduced to six points. Now, with this additional deduction, the pressure is mounting at Goodison Park. 🏟️
Fans are understandably frustrated, and the team's fight to stay clear of relegation just got even tougher. Will the Toffees rally and bounce back from this setback? Only time will tell! ⏳
Reference(s):
Financial breaches cost Everton another two points in Premier League
cgtn.com
