Everton To Face 10-Point Deduction

Everton Could Lose 10 Points Due to Financial Irregularities

Club Withdraws Appeal, Fans Protest

Everton FC has withdrawn its appeal against a two-point deduction for breaching Premier League financial rules. The decision comes after an independent commission found that the club had failed to comply with regulations regarding profitability and sustainability. As a result, Everton will now face a 10-point deduction, which will be applied to their current Premier League standings.

The original two-point deduction was imposed after Everton was found to have overstated its revenue in its financial submissions to the league. The club had initially appealed the decision, but has now withdrawn that appeal. This means that the 10-point deduction will stand, and Everton will now face an uphill battle to avoid relegation from the Premier League.

The news has been met with anger and frustration from Everton fans, who have held protests outside the club's stadium. The club's financial situation has been a source of concern for some time, and fans are now calling for the board to be held accountable. Everton is now in the bottom three of the Premier League table, and the 10-point deduction will make it even more difficult for the club to avoid relegation.