An independent panel has handed Everton a two-point deduction on Monday for breaching the Premier League's profit and sustainability (PSR) rules, marking the second time the club has faced a points deduction this season. Premier League regulations state that a club can lose no more than £105 million ($132.54m) over a three-year period.
During a three-day hearing last month, the independent Commission considered evidence and arguments from the club regarding its admitted breach of £16.6 million, including potential mitigating factors such as the impact of its two successive PSR charges. Following this, the Commission decided on a two-point deduction as the appropriate sanction, effective immediately.