Everton withdraws appeal over points deduction and accepts latest sanction

Everton FC has withdrawn its appeal against a two-point deduction by a Premier League Independent Commission.

The deduction was imposed in April as the Premier League’s latest sanction for breaching PRS (Profit and Sustainability Rules) rules.

Last November the Premier League imposed a 10-point deduction, which was later reduced to six points following the club’s appeal in February.

A club statement today (May 10) said: “A hearing, scheduled for later this month, will now not proceed, and the club will conclude the 2023/24 Premier League season with the two-point deduction remaining in place.”

Everton’s decision will have taken into account that the club is mathematically safe from relegation to the Championship following a recent run of form over the past four games that saw the Blues amass a points total of 10 points, moving the club away from relegation rivals Nottingham Forest and Luton Town.

The club could face further action in the form of a points deduction linked to interest costs associated with the building of its new £760m stadium at Bramley-Moore Dock.

However, no date has been set, so far, for a hearing into the matter, which could roll-over into the coming 2024-25 season.