Everton 'vindicated as penalty cut to six points

EVERTON FC yesterday had their penalty for breaching Premier League financial rules reduced to six points following an appeal.

- Chris Riches

The Toffees were hit with a 10-point deduction last November, outraging fans and officials.

It came after an independent commission found they had exceeded permitted losses under the league's profitability and sustainability rules by £19.5million over an assessment period ending with the 2021-22 season.

An independent appeal board has now cut that penalty by four points, which moves the club on to 25 points in the table and up to 15th place - five points above the relegation zone An Everton statement said: "While the club is still digesting the appeal board's decision, we are satisfied our appeal has resulted in a reduction in the points sanction.