
Everton's penalty for breaching Premier League financial rules has been reduced from 10 points to six following an appeal, giving them a major boost in their relegation battle.
The club were hit with the hefty punishment in November after an independent commission found they had exceeded permitted losses under the league's profitability and sustainability rules (PSRs) by GBP19.5 million ($25 million) over an assessment period ending with the 2021/22 season.