Everton's 10-point deduction for breaching Premier League financial rules is reduced to six points on appeal.
Everton's penalty for breaching Premier League financial rules has been reduced from 10 points to six after an appeal.The punishment - the biggest in Premier League history - dropped Everton from 14th to 19th in the table.
It said the commission was "wrong" to punish Everton for being "less than frank" over what it told the Premier League about its new stadium debt. Everton, who have not won in the league win since 16 December, are now five points clear of the relegation zone with 12 games remaining.PSR, aimed at promoting financial stability among clubs, were introduced in 2015-16.
Thousands of Everton fans held anti-Premier League protests following the original deduction, while a several regional politicians raised concerns, including Mayor of Liverpool Steve Rotheram and Mayor for Greater Manchester Andy Burnham.The initial commission said Everton were "less than frank" in relation to what they told the Premier League about their new stadium debt as development continues for the move from Goodison Park to Bramley Moore Dock late next year.
Everton said the appeal board's decision to overturn the commission's finding that they failed to act in good faith was "an incredibly important point of principle". Significantly, the appeal board found that the commission had made "legal errors" on two grounds - including that the club failed to act in utmost good faith.
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