Premier League drop PSR complaint against Everton – as division rule it’s not ‘appropriate or proportionate’ to pursue outstanding case

  • The outstanding case related to the second points deduction from last season
  • Everton admitted £16.6m breaches but said the additional £6.5m related to the stadium
  • LISTEN NOW: It all starts! Is Everton where they need to be or are the club’s fans delusional?

Everton are out of the woods when it comes to breaches of the Premier League’s financial rules after the top side formally dropped an outstanding charge on Friday.

The Premier League decided it would not be ‘appropriate or proportionate’ to pursue an open case against Everton relating to the club’s second points deduction last season.

Last season, the Toffees were awarded two points for the reporting period ending June 2023 – on top of the six points they were deducted for a breach in the previous financial year. But the two sides clashed over an additional alleged breach of spending rules worth £6.5 million.

Everton admitted a £16.6m breach but said the additional £6.5m – they were accused of exceeding the £105m allowable loss threshold by just over £23m – related to interest payments that could be attributed to their new stadium at Bramley Moore Dock.

The club argued that these payments should not fall within the scope of the Profit and Sustainability Rules (PSR). And finally, the Premier League agreed and left Everton alone.

A joint statement from Everton and the top flight said: ‘After reviewing in detail the information and documents provided by the club, the Premier League Board has concluded that it would not be appropriate or proportionate to suspend the second part of to pursue their complaint. .’

The Premier League has withdrawn a PSR complaint against Everton relating to last season

Everton admitted a £16.6 million breach but said the additional £6.5 million related to interest payments attributable to their new stadium

Everton admitted a £16.6 million breach but said the additional £6.5 million related to interest payments attributable to their new stadium

League decided it would not be 'appropriate or proportionate' to pursue an open case

League decided it would not be ‘appropriate or proportionate’ to pursue an open case

Meanwhile, boss David Moyes has confirmed that former Liverpool midfielder Charlie Adam is being considered to join the club as a coach with a focus on set pieces.

The Scot, who also played for Blackpool and Stoke, was recently sacked as manager of Fleetwood Town.