Everton deducted two points for second financial rules breach

Everton have received a two-point deduction, their second points cut this season, after the club's appeal against a Premier League charge for a breach of Profitability and Sustainability Rules (PSR) was unsuccessful, the league said on Monday.

The independent commission heard evidence and arguments from the club on a range of potential mitigating factors for its admitted breach of GBP(£)16.6 million ($21 million - AED77 million), including the impact of its two successive PSR charges, the league said.

"The commission determined the appropriate sanction to be a two-point deduction, taking effect immediately," it said in a statement.

Everton said it planned to appeal again.

"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," it said.

The club was charged in January for violations of the Premier League's PSR in their financial records for a period beginning in 2019-20 and ending in 2022-23.

According to Premier League guidelines, clubs are at risk of breaching PSR if they incur more than £105 million in losses over three seasons, or £35 million annually.

The club previously admitted to a breach of PSR for the assessment period ending with the 2021-22 season, having incurred £124.5 million pounds in losses in that period, according to the independent commission.

The Merseyside club were penalised for the first breach with a deduction of 10 points in November. Following an appeal, they had that penalty reduced to six points.