Everton have been seen their 10-point deduction reduced on appeal.
November’s original penalty, a landmark ruling, plunged Sean Dyche’s side into the Premier League’s relegation zone after being found guilty of financial breaches.
Goodison Park chiefs appealed against the club’s punishment in a two-day hearing with an independent commission last month and learned the outcome on Monday.
The panel recommended that the previous sanction be downgraded to six points, seeing the Blues handed back four points which propels them up the league table.
It now means that the Premier League founders, who face a second charge later this season, now sit five points clear of the bottom three and ahead of Brentford in 15th.
“An independent Appeal Board has concluded that the sanction for Everton FC’s breach of the Premier League’s Profitability and Sustainability Rules (PSRs), for the period ending Season 2021/22, will be an immediate six-point deduction,” confirmed a Premier League statement.
“This follows the club’s appeal of an independent Commission’s decision in November 2023 to impose a 10-point deduction for the club’s breach of the PSRs.
“The appeal was heard over three days earlier this month, by an Appeal Board comprising Sir Gary Hickinbottom (Chair), Daniel Alexander KC and Katherine Apps KC.
“Everton FC appealed the sanction imposed against it on nine grounds, each of which related to the sanction rather than the fact of the breach, which the club admitted.
“Two of those nine grounds were upheld by the Appeal Board, which has substituted the original points deduction of 10 for six.
“This revised sanction has immediate effect and the Premier League table will be updated today to reflect this.”