Everton have points deduction reduced

Everton have had their points deduction reduced from 10 points to six on appeal, the Premier League have confirmed.

As a result, Sean Dyche's side move up to 15th, five points clear of the relegation zone.

The Toffees were initially docked 10 points after being found to have breached the Premier League's financial rules.

English top-flight clubs are permitted to lose £105m over three years, and an independent commission found Everton's losses to 2021-22 amounted to £124.5m.

The punishment was the biggest sporting sanction in the competition's history.

A Premier League statement said: "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."