Premier League Club has been deducted with 12 points this afternoon After breaching Financial Play Rules and the will be relegated
Everton Football Club is currently facing the possibility of a substantial points deduction as a consequence of alleged Financial Fair Play breaches.
According to reports from the Telegraph, the Premier League has recommended that Everton be subjected to a severe punishment, which would involve deducting 12 points from their current tally. This proposed action comes in response to the club’s financial losses of £371.8 million over a three-year period, significantly surpassing the permitted limit of £105 million as stipulated by Premier League regulations.
In addition to the potential points deduction, Everton may also be subjected to other penalties, including a transfer ban. The severity of these potential sanctions is a cause for concern for the Merseyside outfit, as it could have a detrimental impact on their standing in the league and their ability to attract new players.
If the 12-point deduction is implemented, Everton would find themselves in a dire situation, sitting at the bottom of the Premier League table with negative five points. This would virtually condemn them to relegation, posing a significant threat to their top-flight status. With Everton narrowly escaping relegation last season, these off-the-field problems could not have come at a worse time for the club.
The challenges presented by the potential points deduction and other punishments add to the already difficult circumstances Everton is facing. It is clear that the club would prefer to focus on on-pitch matters rather than dealing with financial irregularities. The coming weeks and months will be crucial in determining the outcome of the investigation and the subsequent impact on Everton’s future.