OFFICIAL:From -10 to -6, Everton's Premier League points deduction is REDUCED

Everton's appeal against a 10-point penalty imposed for breaches of financial rules has been reduced to six points after an appeal.

The club were sanctioned by an independent commission in November after being found to have exceeded permitted losses under the league's profitability and sustainability rules (PSR) in the three seasons up to 2021-22, but immediately indicated they would appeal.

The reduced points deduction will see Everton leapfrog two teams and up to to 15th in the Premier League table - a vital development in their battle against relegation.

A club statement from Everton said they were 'satisfied' with the result of the appeal and feels 'vindicated' - but said it was 'still considering the wider implications' of the decision.

'Everton can confirm an Appeal Board has concluded that the points deduction imposed by an independent Premier League Commission in November be reduced from 10 points to six points, with immediate effect.

'While the Club is still digesting the Appeal Board's decision, we are satisfied our appeal has resulted in a reduction in the points sanction.