Everton Faces Relegation Threat After Accumulating Eight-Point Deduction for Financial Breaches

The club's latest two-point penalty, related to a £16.6m overspend, adds to its challenges amid appeals and financial turmoil.

Everton has been docked a total of eight points this season for breaching the Premier League's Profit and Sustainability Rules (PSR), pushing them closer to relegation.
The latest two-point deduction relates to overspending by £16.6m for the three-year period ending June 2023, on top of a previous six-point reduction (reduced from an initial 10) for overspending in the period up to 2022.
Everton plans to appeal the latest sanction, citing concerns over the inconsistency of different commissions in respect of points deductions applied.
The club argues that the £105m threshold for losses over a three-year period is outdated and has not kept pace with inflation in wages and transfer fees.
Everton's financial turmoil includes debts of £330m amid a prolonged takeover bid by 777 Partners, and the latest set of accounts revealed a loss of £89.1m for the year ending 30 June 2023.