More punishment for Everton! Toffees facing relegation dogfight after being deducted further two points for SECOND Premier League Profit and Sustainability Rules breach

The Merseyside outfit have now been stung with two penalties in the 2023-24 campaign, having initially seen 10 points wiped off the board in November. They were given four of those back following an appeal.

A second round of charges were revealed in January, with Everton referred by the Premier League to an independent commission. The latest ruling relates to the three-year accounting period that ended with the 2022-23 season.

In a statement, Everton said: "In January 2024, Everton were charged by the Premier League for breaching the permitted Profit and Sustainability thresholds for the assessment period ending 2022/23.

"The matter was referred to a Premier League Commission, which has today announced Everton will receive an immediate two-point deduction. 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, including the concept of double punishment, the significant mitigating circumstances facing the Club due to the war in Ukraine, and the high level of co-operation and early admission of the Club’s breach.

"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 would like to place on record its thanks to the Fan Advisory Board and other fan groups for their submissions during this process, and to all Evertonians for their ongoing patience and unstinting support. The Club and its legal representatives have begun the preparations to appeal the Commission’s decision. No further comment will be made at this time."

On March 31, the Toffees announced losses of £89.1 million ($113m) for the 2022-23 season – with those figures almost doubling in the space of 12 months. Having already been hit with one sizeable deduction, the expectation was that another would be on the cards.

Everton do not believe that they got off lightly after losing a further two points. They remain above the relegation zone for now – two points clear with seven games left to take in – but do intend to lodge another appeal.