Everton handed 10-point deduction by Premier League
Controversial decision leaves Toffees battling relegation
Long-running investigation comes to a head
November 21, 2023 - English football club Everton has been handed a 10-point deduction by the Premier League for breaching its profit and sustainability rules. The decision is a major blow to the Toffees, who are now battling relegation.
The Premier League launched an investigation into Everton's finances in 2021 after the club reported significant losses. The investigation found that Everton had breached the league's rules, which prohibit clubs from making losses of more than £105 million over a three-year period.
Everton has appealed the decision, but the appeal is unlikely to be successful. The 10-point deduction means that Everton is now in 19th place in the Premier League table, just one point above the relegation zone.
The decision has been met with mixed reactions. Some fans have expressed their anger at the club's hierarchy, while others have said that the punishment is too harsh. Everton manager Frank Lampard has said that the club will continue to fight to avoid relegation.
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