Everton was subject to a point deduction by the Premier League operator because it was deemed to have violated profit and sustainability rules. Former Liverpool player, Jamie Carragher, believes this punishment is excessive.
Everton was officially given sanctions on Friday (17/11/2023). As a result of this punishment, The Toffees – Everton’s nickname – immediately plunged into the relegation zone, or to be precise, 19th position in the 2023-2024 Premier League standings.
They received a 10 point deduction for violating this rule. The profit and sustainability rules are regulations that require each team to maintain their respective financial conditions so that they do not suffer losses of more than 105 million pounds sterling in three years.
This is the rule that Everton violated because it was proven that they suffered a loss of 124 million pounds sterling. This evidence was obtained after Everton was reported to the Independent Commission in March, and went to court in October 2023.
Carragher believes that reducing Everton by 10 points is excessive. The man who is currently an English football pundit said that these sanctions were excessive because only a handful of clubs could be ‘hit’.
“A 10-point deduction for Everton is excessive and not right, considering they have been working closely with the (Premier League) on this for the last few years. “Is it better to avoid it and try and postpone it like other clubs?,” said Carragher, quoted from Goal International, Friday (17/11/2023).
“No doubt the clubs being relegated will put huge pressure on the Premier League to face Everton, but when you consider 6 clubs trying to leave the Premier League and no sanctions at all, it doesn’t feel right,” he continued.
“Until other clubs are sanctioned, Everton will feel they are being used to show that there is no need for an independent regulator, and they are right,” added Carragher.
Everton, through an official club release, has also issued a statement regarding this sanction. The Toffees feel this punishment is unfair and are ready to appeal to change the sanctions that have been given.