Everton have finally received news of their appeal against their 10 point deduction in the Premier League, with Sean Dyche's men set to receive four points back.
The Toffees were initially deducted points in November due to breaching FFP rules, but the club have been in a legal battle with the Premier League ever since, as they are adamant the punishment given was unfair.
The Premier League commission confirmed that Everton didn't gain any sort of sporting advantage from the breach, with the cost of their new Bramley Moore stadium pushing their costs over the FFP limit.
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Everton sat just outside the relegation zone, therefore the points they will be getting back will have a huge affect on clubs currently fighting the prospect of relegation.
Here is how the Premier League will look once Everton receive their points back:
Sean Dyche's men now sit 15th in the Premier League now ahead of both Brentford and Nottingham Forest, this will come as a huge blow to Luton Town who are now four points from safety.
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Everton have released a lengthy club statement following the announcement.
The statement reads: "Everton can confirm an Appeal Board has concluded that the points deduction imposed by an independent Premier League Commission in November be reduced from 10 points to six points, with immediate effect.
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.
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 9-point deduction that is imposed under the Premier League’s own rules in the event of insolvency.
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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.
Notwithstanding the Appeal Board’s decision, and the positive outcome, the Club remains fully committed to cooperating with the Premier League in respect of the ongoing proceedings brought for the accounting period ending in June 2023.
The Club is still considering the wider implications of the decision and will make no further comment at this time other than to place on record its thanks to our Fan Advisory Board and other fan groups throughout this process, and to all Evertonians for their ongoing support and patience."
Topics: Everton, Premier League, Football, Sean Dyche, FFP