Everton's 10-point deduction for breaching financial rules reduced to six

POINTS BACK: Everton fans holding posters criticising the Premier League. Photo credit: Peter Byrne/PA Wire.

Everton have had their penalty for breaching Premier League financial rules reduced to six points following an appeal.

The Toffees were hit with a 10-point deduction last November after an independent commission found they had exceeded permitted losses under the league's profitability and sustainability rules (PSR) by £19.5million over an assessment period ending with the 2021-22 season.