David Moyes replaced Sean Dyche to begin his second spell as Everton boss last week (Image: Getty)
Everton and the Premier League have released a joint statement confirming that the Toffees are in the clear regarding PSR and will not face a points deduction this season.
Earlier this week Prem bosses cleared the clubs deemed most at risk of breaching PSR for the period ending in 2023/24. Everton were in that group, and fans could be forgiven for fearing the worst after the club was docked 10 points last season for financial breaches.
While being given the all-clear will have been a relief for senior figures at Goodison Park, there was a separate, lingering PSR dispute relating to the period ending in 2022/23.
In Everton’s accounts for that season, a dispute had arisen over how they had capitalised their interest payments. But now it has been confirmed by both the Toffees and the that no action will be taken.
Everton’s statement read: “The club has resolved all outstanding Profit and Sustainability Rules (PSR) charges brought by the . The has formally discontinued the second part of the PSR complaint for the period ending FY23 and has deemed the Club PSR compliant for FY24.”
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