This afternoon, Premier League Club was docked 12 points. Following their violation of the Financial Play Rules, they will be demoted.
Everton’s financial fair play penalties will result in a significant points deduction. Everton is reportedly about to lose a lot of ground as a result of the ongoing investigation into possible Financial Fair Play violations.
The Premier League has suggested the Toffees get a heavy fine, with 12 points being retained as the current suggested punishment against the team, according to the Telegraph.
According to the research, Everton lost a lot of money during a three-year period—£371.8 million—far more than the £105 million permitted by Premier League regulations.
The Telegraph claims that Everton may also be subject to other penalties, such a transfer restriction. All things considered, the Merseysiders’ chances of being found guilty of serious wrongdoing appear slim.
Sean Dyche’s team would most likely be demoted with a 12-point penalty, as they would receive a five-point deduction for finishing last in the Premier League standings if they qualify now.
Because Everton barely avoided relegation the previous season, they were able to avoid these off-field issues, which will make things much more difficult for them in the upcoming days, weeks, and months.