Everton have released a statement addressing the Premier League 10-point deduction for breaching the FFP rule.
The Premier League's sustainability and profitability rules were broken by Everton, and as a result, they were deducted 10 points.
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Everton handed 10-point deduction for breaching the Premier League rule
Everton has been docked ten points for violating the Premier League's sustainability and profitability regulations.
Regarding the 2021–2022 season, the Toffees were suspected of breaking a Premier League regulation.
The hearing for the club, which was submitted to an independent panel in March, took place last month.
Everton statement
Everton have released a statement saying they are disappointed by the deduction made by the Premier League.
A club statement read as reported by Fabrizio on X, “Everton Football Club is both shocked and disappointed by the ruling of the Premier League’s commission.
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“The club believes that the commission has imposed a wholly disproportionate and unjust sporting sanction.
“The club has already communicated its intention to appeal the decision to the Premier League. The appeal process will now commence and the club’s case will be heard by an appeal board appointed pursuant to the Premier League’s rules in due course.
“Everton maintains that it has been open and transparent in the information it has provided to the Premier League and that it has always respected the integrity of the process.
“The club does not recognise the finding that it failed to act with the utmost good faith and it does not understand this to have been an allegation made by the Premier League during the course of proceedings.
“Both the harshness and severity of the sanction imposed by the commission are neither a fair nor a reasonable reflection of the evidence submitted.
“The club will also monitor with great interest the decisions made in any other cases concerning the Premier League’s profit and sustainability rules.
“Everton cannot comment on this matter any further until the appeal process has concluded.”
The 10-point deduction on Everton have made them drop to 19th position on the Premier League table.