The seismic news not only impacts Everton but could have set a precedent for any other team that is found guilty of breaching Financial Fair Play rules in the future. Naturally, all eyes have turned to Manchester City as a result.
City were charged earlier in 2023 for allegedly breaching FFP regulations over 100 times between 2009 and 2018. The reigning league and European champions have vehemently denied the charges but a verdict from the Premier League&aposs investigation is still pending.
Should the Blues be found guilty for the most serious offences then a strong punishment can be expected with a points deduction one of the possible outcomes. Only three other clubs have had points docked in the Premier League and here are the details.
The Toffees became the first side in nearly 14 years to be hit with a deduction on Friday after being found guilty of breaching Premier League&aposs Profitability and Sustainability Rules rules. It was found that during the 2021/22 season, Everton had a PSR calculation in a loss of 124.5m, which exceeded the threshold of 105m permitted under PSRs.
Everton were sitting pretty in mid-table after a strong start to the season under Sean Dyche on 14 points. However, after their 10-point deduction, they have slipped to 19th place and are above bottom-placed Burnley on goal difference.
Before Everton, the last side to their tally reduced was Portsmouth in March 2010. Pompey, who had won the FA Cup less than two years earlier, had nine points taken away after they entered administration with debuts of 65m.
Portsmouth were already sat bottom of the table when the deduction was brandished and they had little chance in avoiding relegation, eventually finishing 16 points from safety. The south coast club are yet to return to the top flight since but are going great guns in League One this season, sitting top of the table undefeated.