• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News General

Premier League deducts two more points from Everton

Quadri Olaitan by Quadri Olaitan
April 10, 2024
in General
0 0
0
everton handed two point deduction for breaching financial v0 E2l6EY5mHi2P92hIZ22z inikwI 0KcJk5ZM1da9ZZg 1

Everton were docked two more points by the Premier League on Monday, its second points deduction this season after an independent commission found they had breached the league’s Profitability and Sustainability Rules (PSR).

The deduction, announced in a Premier League statement, means Everton dropped to 16th place with 27 points, two above the relegation zone.

Everton said they would appeal against the points deduction, meaning the outcome of the relegation battle could go beyond the last day of the season on May 19.

“The independent commission heard evidence and arguments from the club on a range of potential mitigating factors for its admitted breach of 16.6 million pounds ($21 million), including the impact of its two successive PSR charges,” the Premier League said.

“The commission determined the appropriate sanction to be a two-point deduction, taking effect immediately.”

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Everton admitted to a breach of PSR for the assessment period ending with the 2021-2022 season, having incurred 124.5 million pounds in losses in that period. The club were subsequently deducted 10 points in November for that breach, although that was reduced to six on appeal in February.

The club was charged again in January for violations of the Premier League’s PSR in their financial records for a period beginning in 2019-20 and ending in 2022-2023.

While the Merseyside club did not dispute the Premier League’s approach to a second sanction, they argued mitigating circumstances including double jeopardy, the loss of a sponsorship deal with Russia company USM and that they had promptly admitted their guilt.

“While the club’s position has been that no further sanction was appropriate, the club is pleased to see that the commission has given credit to the majority of the issues raised by the club,” Everton said.

“Everton remains committed to working collaboratively with the League on all matters relating to PSR but is extremely concerned by the inconsistency of different commissions in respect of points deductions applied.”

“The club and its legal representatives have begun the preparations to appeal the commission’s decision.”

GKpPnmHXoAAvltL

Quadri Olaitan
Quadri Olaitan

Related Posts

AMVCA
General

FULL LIST: AMVCA 2023 nominated actors, movies, writers

by Quadri Olaitan
April 17, 2023
Kemi Afolabi 1424x802 1 scaled
General

‘Please fams!’ Nollywood actresses move to raise financial support for Kemi Afolabi

by Rtn. Victor Ojelabi
March 24, 2022
1af956256d4fc9672f9c566cd1fe6299 scaled
General

‘Na everybody go chop breakfast’ Stefflon Don replies Burna Boy in new song (Listen)

by Freelanews
May 26, 2022
2023 05 19 at 12 21 27 Subomi Balogunjpg JPEG Image 900 × 600
General

An Iroko has fallen in Yorubaland, says Mayegun

by Freelanews
May 20, 2023
Image 2024 03 16 at 095235 jpeg
General

Aare Adetola mourns Olubadan, commiserates with family, Ibadanland

by Oreoluwa Ojelabi
March 16, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Obasa

Obasa: Lagos remains Nigeria’s economic centre

April 16, 2026
Queen Salawa Abeni

Queen Salawa Abeni marks 65th birthday with inspiring legacy

April 16, 2026
Police officer

Police officer detained for alleged killing of fuel attendant in armed robbery

April 16, 2026
Davido

Davido reveals music was his true calling despite wealth

April 16, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Obasa

Obasa: Lagos remains Nigeria’s economic centre

April 16, 2026
Queen Salawa Abeni

Queen Salawa Abeni marks 65th birthday with inspiring legacy

April 16, 2026
Police officer

Police officer detained for alleged killing of fuel attendant in armed robbery

April 16, 2026
Davido

Davido reveals music was his true calling despite wealth

April 16, 2026
April 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
2627282930 
« Mar    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • UK

    UK court jails Nigerian couple in shocking £433k tax fraud

    0 shares
    Share 0 Tweet 0
  • Court grants NGO leave to reopen Mohbad death probe

    0 shares
    Share 0 Tweet 0
  • Shocking: Nigerian Islamic cleric allegedly offers ₦1m bounty, calls for beheading of Christian cleric in outrageous claim

    0 shares
    Share 0 Tweet 0
  • German embassy in Abuja announces urgent job vacancy

    0 shares
    Share 0 Tweet 0

Just Published!

Obasa

Obasa: Lagos remains Nigeria’s economic centre

April 16, 2026
Queen Salawa Abeni

Queen Salawa Abeni marks 65th birthday with inspiring legacy

April 16, 2026
Police officer

Police officer detained for alleged killing of fuel attendant in armed robbery

April 16, 2026
Davido

Davido reveals music was his true calling despite wealth

April 16, 2026
UK

UK court jails Nigerian couple in shocking £433k tax fraud

April 16, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.