After an independent commission hearing on an alleged violation of Premier League profit and sustainability regulations, Everton has been given a 10-point punishment according to David Ornstein.
The Toffees have already endured a poor start to the season, and now they sit firmly in the relegation zone after this ruling.
Everton are expected to appeal the ban, but it remains to be seen whether the appeal lodged will be granted.
Due to suspected violations pertaining to the 2021–22 season, the club was referred to an independent commission in March. A hearing was held last month.
A statement from the Premier League read: “An independent Commission has imposed an immediate deduction of 10 points on Everton FC for a breach of the Premier League’s Profitability and Sustainability Rules (PSRs).
The Merseyside derby is a staple of the English game and is the longest running top-flight derby in England, having been played continuously since the 1962-63 season.
Therefore, a possible relegation as a result of the breach would be a bitter pill for Evertonians to swallow – and some Liverpool fans would miss their historical rivals in the league no doubt.
🚨 BREAKING: Everton handed 10-point penalty after independent commission hearing on alleged breach of Premier League profit & sustainability rules. Punishment applies immediately so #EFC drop into relegation zone for now. Expected to appeal @TheAthleticFC https://t.co/1RqDpFYCpJ
— David Ornstein (@David_Ornstein) November 17, 2023