A new decision has been made on the points deduction handed out to a Premier League club earlier this season, the league has confirmed.
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In November, Everton were deducted 10 points in the EPL after they were found guilty of having breached Financial Fair Play rules.
Following an appeal, they have since had that sanction reduced – as confirmed by the Premier League on Monday – to a six-point deduction, which has seen them jump to 15th on the table.
The club said in a statement that it feels "vindicated" after insisting on appealing on the initial ruling.
"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," the statement from the Toffees read.
"We understand the appeal board considered the 10-point deduction originally imposed to be inappropriate when assessed against the available benchmarks of which the club made the commission aware, including the position under the relevant EFL regulations, and the nine-point deduction that is imposed under the Premier League's own rules in the event of insolvency.
"The club is also particularly pleased with the appeal board's decision to overturn the original commission's finding that the club failed to act in utmost good faith. That decision, along with reducing the points deduction, was an incredibly important point of principle for the club on appeal. The club, therefore, feels vindicated in pursuing its appeal."
It might not be all good news for Everton, though, amid reports that the club could face a second sanction for more rule breaches in January, along with Nottingham Forest.
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This could see the Toffees being deducted more points in the Premier League, but the club says it "remains fully committed to co-operating with the Premier League in respect of the ongoing proceedings brought for the accounting period ending in June 2023".
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