Everton gets biggest sporting sanction in EPL history of 10 points for breaching financial rules
Everton's James Tarkowski, center, celebrates scoring with teammates during the English League Cup fourth round soccer match between Everton and Burnley at Goodison Park, Liverpool, England, Wednesday Nov. 1, 2023. (Peter Byrne/PA via AP)[ASSOCIATED PRESS/Peter Byrne]
Everton has been handed the biggest sporting sanction in the Premier League’s 31-year history for breaching the competition’s financial rules with the deduction of 10 points dropping the team into next-to-last place in the standings. The northwest club reported three-year losses totaling nearly 372 million pounds ($454 million) last season. The league’s profit and financial sustainability rules allow clubs to lose a maximum of 105 million pounds ($128 million) over a three-year period or face sanctions. Everton had 14 points after 12 games. The penalty drops the team to four points with immediate effect. That is the same as last-place Burnley. The club says it is “shocked and disappointed” by the ruling and will be appealing.
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Everton's head coach Sean Dyche reacts during the English Premier League soccer match between West Ham United and Everton at the London stadium in London, Sunday, Oct. 29, 2023. (AP Photo/Kirsty Wigglesworth)
Photo: ASSOCIATED PRESS/Kirsty Wigglesworth