January 20 – Everton have avoided another points deduction with a complaint brought by the Premier League regarding spending rules being discontinued.
Last season, the Merseyside club narrowly escaped relegation despite facing a total deduction of eight points due to breaches of the league’s financial regulations.
The Toffees were hit with a deduction of two points in April for overspending in a three-year period. That followed a deduction of six points – reduced from 10 following an appeal – for breaching spending limits.
The independent regulatory commission responsible for the two-point deduction had deferred an additional element but following a change in ownership, with the club now under the stewardship of the Friedkin Group, Everton declared on Friday that the inquiry has been resolved.
A joint statement released by both the league and Everton confirmed that the club would not face any further action related to the financial year ending June 2023.
“After a careful review of the additional information and documents submitted by the club, the Premier League Board has determined that it would not be suitable or reasonable to pursue the second part of their complaint,” the statement said.
The news was followed 48 hours later by a boost for Everton on the pitch as they started the road to recovery under returning manager David Moyes by beating fellow strugglers Tottenham Hotspur 3-2 on Sunday.
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