Everton withdraw appeal against deduction of two points for violating financial fair play rules

The Toffees previously secured their place in the Premier League for next season.

Everton officially announced that they have withdrawn appeal on the decision of the Premier League commission on deducting two points from the club for violation financial fair play (FFP) English Premier Leaguenamely the league’s “profitability and sustainability” (PSR) rules.

Let us remind you that the Toffees previously reported losses of £89.1 million for the 2022/23 season. As calculated by an independent commission of the English Premier League, the club exceeded the allowed loss limit of 105 million over three seasons by 16.6 million. This time Everton faced a five-point deduction, but due to “extenuating circumstances” the penalty was only two points.

The club filed an appeal against this decision in mid-April – then the Toffees were really facing relegation, and two points, in theory, could be important in the fight for survival. However, in the second half of the month, Everton won three victories in a row and secured their place in the Premier League for next season. Sean Dyche was even named the league’s best manager in April for this.

Now there is no need to fight for penalty points. The hearing, scheduled for the end of May, will now not take place and Everton will end the season with a total penalty of minus eight points.

Let us remember that earlier this season the Toffees were punished with the deprivation of six points in the Premier League. The financial fair play violations in this case covered the period until the end of the 2021/22 season. The Toffees recorded financial losses of £304 million over the three-year period, almost tripling the legal limit.

The Premier League Commission initially decided to fine the club ten points in the English Championship. However, following an appeal in February, Everton’s punishment was reduced to six points.

Nottingham Forest were subject to similar sanctions in March – a four-point penalty for the same violations. The Foresters later filed an appeal. Forest are currently three points ahead of Luton in the relegation zone with 29 points. Everton are 15th with 37 points.

Ukrainian defender Vitaly Mykolenko had a good season with Everton – 30 matches, two goals scored. In a recent match against Liverpool (2:0), the Ukrainian was injured and ruled out for the rest of the season, but has a chance to recover for Euro 2024.

Source: Sportarena

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