Everton issued an official announcement confirming that the number of Premier League points deducted by the club has been reduced from 10 to 6 points. In November last year, the Premier League officially confirmed that Everton had been deducted 10 league points for breaching the Premier League's profitability and sustainability rules, and Everton subsequently appealed. Everton's points deduction reduction took effect immediately, and after taking four points back, Everton jumped to 15th in the table with 25 points, five points above third-placed Luton Town with one game in hand.
In the announcement, Everton said: "The club confirms the findings of the Appeal Committee's decision that the Premier League's Independent Commission of Inquiry has reduced the penalty from 10 to six points with immediate effect." The club is still analysing the decision of the Appeal Board, but we are pleased with the reduction in the number of points deducted. The club is committed to continuing to cooperate with the Premier League and be reviewed. ”
On 17 November last year, the Premier League announced the penalty against Everton, "The Independent Commission of Inquiry found that Everton had breached the Premier League's profitability and sustainability rules, and therefore imposed a 10-point deduction on the club, with immediate effect." ”
After a five-day hearing last month, the Independent Inquiry Committee found Everton to have a loss of $1 for the relevant period£24.5 billion, which is more than the 1. per cent allowed by the Profitability and Sustainability Rules0.5 billion pounds. The Committee found that a penalty of 10 demerit points should be imposed. ”
After receiving the penalty notice, Everton FC issued a response, "Everton FC is shocked and disappointed by the Premier League Committee's ruling. The Club considers that the Commission has imposed a completely disproportionate and unfair penalty. The club has expressed its intention to appeal and the appeal process has been initiated. ”