Everton avoids further point deduction from PSR

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Premier League club Everton "avoided another points deduction" when a complaint brought by the Premier League regarding a breach of the Profit and Sustainability Rules "was discontinued" on Friday. The club last year was docked a total of eight points for breaching the league’s spending rules -- six points (reduced from 10 following an appeal) in February and two points in April. The commission that issued the two-point deduction "deferred one part of the case relating to the accounting treatment of interest payments on the club’s new stadium" so the club could "supply more information about its accounting." Everton, which has since come under new ownership by the Friedkin Group, said Friday that the club "has resolved all outstanding profit and sustainability rules (PSR) charges brought by the Premier League." The league and Everton said in a joint statement that the club will face "no further action" related to the period ending with the 2022-23 season (AP, 1/17).



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