Everton has officially appealed against the two-point penalty imposed on the club for breaching Premier League financial rules. The club admitted to breaching the profitability and sustainability rules and the independent commission reduced the initial five-point penalty to two.
Everton have formally lodged an appeal against the two-point penalty imposed on the club earlier this month for breaching Premier League financial rules.
The club admitted breaching the Premier League's profitability and sustainability rules for permitted losses by £16.6million for the assessment period ending with the 2022-23 season. The independent commission which imposed the sanction disclosed in the written reasons for its decision that the Premier League had initially sought a five-point penalty.
Everton will now be aiming to achieve a further reduction to the two-point penalty via the latest appeal. The commission which issued the two-point penalty will also hold a separate hearing to settle a dispute between the club and the league around costs which Everton contend are associated to the construction of their new stadium at Bramley-Moore Dock.
Everton Appeal Premier League Financial Penalty Breach Profitability And Sustainability Rules
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