are facing a 12-point deduction as the recommend a severe punishment for the club’s failure to stick to Financial Fair Play rules.
for breaching FFP regulations after recording financial losses of £371.8 million over a three-year period when the competition’s limit is £105m.
The Premier League referred Everton to an independent commission over the alleged breach of its profitability and rules after the club contested the allegations.
According to , the Premier League is seeking a points deduction for Everton if the club are found guilty by the independent commission.
Everton currently sit 16th in the Premier League having registered seven points from nine games this season.
Last term, Everton finished the campaign in 17th and narrowly avoided relegation by two points.
A statement from Everton after they were initially charged by the Premier League read: ‘The club strongly contests the allegation of non-compliance and together with its independent team of experts is entirely confident that it remains compliant with all financial rules and regulations.
‘Everton is prepared to robustly defend its position to the commission.
‘The club has, over several years, provided information to the Premier League in an open and transparent manner and has consciously chosen to act with the utmost good faith at all times.’
The Premier League have charged Everton under Rule W.82.1, .
, . , and .
