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Everton's Premier League points deduction, charges explained

On Friday, a three-man independent panel convened by the Premier League opted to dock Everton 10 points for violating the competition's profit and sustainability rules (PSR). Everton have said they will appeal the punishment and, in a written statement, said they would "monitor with great interest the decisions made in any other cases concerning the Premier League's Profit and Sustainability Rules."

This was a not-so-veiled reference to Manchester City, who are facing 115 charges of breaching PSR (to Everton's one), and possibly Chelsea, who are currently under investigation for alleged wrongdoing between 2012 and 2019.