Khel Now logo
HomeSportsOLYMPICS 2024Live Score
Advertisement

Premier League

Why Everton could face points deduction in upcoming Premier League season?

Published at :August 11, 2024 at 8:39 PM
Modified at :August 11, 2024 at 8:40 PM
Post Featured Image

Rajarshi Shukla


Last season the Toffees were deducted eight points.

Everton are once again at risk of facing a points deduction before even beginning the 2024-25 Premier League season. In November of last year, the Toffees were given a massive 10-point deduction for violating the Profit and Sustainability Rules (PSR) of the Premier League. It was for an incident that occurred during the 2021–2022 season.

After an appeal, the deduction was reduced to six points. But the Toffees were still punished with two extra points deduction in April. This was for excessive spending during the 2022–2023 campaign.

Despite losing eight points overall throughout the 2023-24 season, the club were able to avoid relegation. They managed to finish in 15th position.

However, Everton could be the victim of PSR again. According to the Premier League, Everton spent an additional £6.5 million outside of the PSR restrictions during the 2022–2023 campaign. The interest payments on the club’s new stadium had already caused them to overspend by £16 million that season.

The article suggests that because those interest rates paid on the Bramley-Moore Dock site were not included in the budget, the Premier League purportedly feels Everton spent more than the £16 million amount.

Everton’s £17 million interest payments should be counted in their PSR losses, according to the Premier League. Later this argument was rejected by an independent committee.

The commission, which also decided to dock Everton two points for the second time last season, will examine the purported £6.5 million in payments again. It may provide proof of yet another PSR violation.

The Premier League and Everton are eager for a swift result, but the commission has not given any indication as to when or what the ruling might be.

The Premier League feel that as the disputed £6.5 million was used for day-to-day operations, it ought to be included in the club’s spending.

Everton, however, will contest those assertions, stating that stadium-related expenses are not taken into account when estimating PSR.

Sean Dyche, the manager of Everton, can not imagine starting the upcoming Premier League season with a two-point deduction.

For more updates, follow Khel Now on Facebook, Twitter, and Instagram; download the Khel Now Android App or IOS App and join our community on Telegram.

Advertisement