Everton £8.4m blow as Premier League points deduction cuts even deeper

Merseyside has seen a lot of change since David Moyes took over, with three consecutive Premier

League victories.

Under the 61-year-old, Everton have moved nine points clear of the relegation zone and climbed a

few places in the table.

However, Sean Dyche’s tenure did not start off as easily as Moyes’ had.

Dyche admitted he couldn’t push Everton any farther after The Friedkin Group bought the club.

However, the former Everton manager had a difficult situation as the entire cost of their PSR

effects became apparent during a recent accusation.

Everton lost out on £8.4m as a result of PSR breaches

Last season was a nightmare for the Toffees, who received two separate points deductions for PSR breaches.

Everton was first given a 10-point deduction, which was later reduced to six points. Later in the

season, Dyche’s side lost another two points.

Although the Blues were fortunate to retain their Premier League status, there have been significant long-term consequences for the team.

According to Kieran Maguire, a further £2.8 million in Premier League prize money was paid to clubs based on their finishing position.

Points deductions really hurt Everton’s finances

TBR Football’s finance correspondent Adam Williams spoke with Everton News on the impact of last season’s points deductions.

“When you consider legal fees, lost prize money and the fractured relationship with the Premier

League, the PSR saga has been very costly for Everton,” claimed the former England captain.

“With a new PSR system likely to be implemented next season, they will feel aggrieved that they were

the team struck the hardest throughout the nearly 15 years that the rules have been in place.

“For a long time, it appeared that PSR was a toothless tiger.” It wasn’t until the danger of a government-backed independent regulator appeared that they decided to get their act together and start effectively enforcing their regulations.

“That said, Everton were a basket case in the later years under Moshiri and weren’t helped by the exit of Usmanov and his commercial funds.”

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