Exclusive: Everton left reeling by £12m points deduction blow

Everton Hit with £12m Points Deduction Blow

In a devastating blow to the club, Everton has lost out on over £12 million of merit payments due to their eight-point deduction this season, Football Insider can exclusively reveal. The Merseyside club has breached Premier League Profit and Sustainability Rules in consecutive seasons, resulting in two separate deductions.

Initially, Everton was docked 10 points in November, which was later reduced to six following a successful appeal. However, the club was then hit with a further two-point deduction after their 2022-23 accounts also exceeded the £105 million allowable losses under PSR.

The eight points deducted have dropped Everton down to 15th in the table with one game remaining this season. Without the deductions, Everton would have been on 48 points and in 11th place – level on points with Brighton in 10th.

Football Insider can reveal that the four places Everton has lost in the league is worth over £12 million to the club, as each position in the Premier League is worth an additional £3.1 million in merit payments. This significant loss of income could prove costly to the club amid their current financial struggles.

Everton’s financial struggles have been well-documented, and this latest blow will only add to their woes. The club has been working to reduce their debt and operate within the Premier League’s financial regulations, but this points deduction will make it even more challenging.

The Toffees have been working hard to improve their on-field performance, with Sean Dyche taking over as manager in January. Despite some positive results, the points deduction has left them with a mountain to climb to avoid relegation.

With only one game remaining, Everton will need to put in a strong performance against title-chasing Arsenal at The Emirates on Sunday (May 19) to avoid finishing in the bottom three. The loss of £12 million in merit payments will only add to the pressure on the team to perform.

This news comes as a significant blow to the club, who are already facing financial difficulties. The loss of income will be felt across the club, from the players and staff to the fans who support them. Everton will need to regroup and refocus if they are to overcome this setback and secure their place in the Premier League for next season.

The points deduction and loss of merit payments is a harsh reminder of the financial realities of the Premier League. With the top clubs earning millions in revenue each season, the gap between the rich and poor is only getting wider. For clubs like Everton, who are struggling to keep up, the consequences can be severe.

As the season comes to a close, Everton will need to take a long, hard look at their finances and on-field performance. With the right changes and a bit of luck, they can bounce back from this setback and secure their place in the Premier League for years to come. But for now, the loss of £12 million in merit payments is a bitter pill to swallow.