Everton could be slammed with a third point deduction for breaching Premier League’s Profit and Sustainability Rules.
We reported earlier the Toffees have been docked two points in a second clampdown by the Premier League in less than five months for recording financial losses exceeding the £104m threshold for Premier League clubs over three seasons.
Recall the Merseyside club came under the radar of the Premier League in 2023 and were first docked 10 points in December 2023 for financial breaches. They appealed the 10-point deduction and it was slashed to 6.
The six-point deduction saw the club drop deep close to the relegation zone. However, the club was able to weather the storm of the ill-luck and steer themselves to relative safety with a series of positive Premier League results.
They were 16th on the Premier League table with 29 points, 4 points off the relegation zone.
In another blow to their survival hopes, the Premier League announced another two-point deduction on April 8, 2024, further compounding the woes of the club.
The latest deduction has seen the club drop from 16th to 15th on the table with 27 points, 2 points above Luton Town, who are leading the race to survive relegation.
The Toffees have confirmed their decision to appeal the latest deduction but it appears they could sink deeper into more trouble with the Premier League set for a third clampdown on the Merseyside outfit.
According to The Sun, Everton could be hit with a third point deduction if the Premier League lawyers successfully pin a £6.5m allegedly recorded as difference between the club’s initial accounts and the final figure for the three years.
The report adds the Premier League’s initial attempt to amend the charge and pin about £17m as an additional loss to Everton to deepen sanctions was turned down by the Commission. However, it has been confirmed the argument on the £6.4m could be heard next season.
