Epl: Everton Appeal Against Points Deduction

According to reports, Everton have lodged a formal appeal against a two-point penalty imposed on the club for breaching Premier League financial regulations.

The club admitted breaching profitability and sustainability rules (PSR) for permitted losses by £16.6 million ($20.7 million) for the assessment period ending with the 2022/23 season.

The punishment followed a previous six-point penalty imposed for the three-year period to 2021/22, reduced from 10 on appeal.

PSR permit clubs to lose £105 million over a rolling three-year period.

Everton, who have been ever present in the English top flightsince the 1954/55 season, are 16th in the Premier League, just two points above the relegation zone with seven games to play, after losing eight points in total.

Everton are in action at mid-table Chelsea later on Monday.