Everton backed to avoid another points deduction ahead of crucial news

By Kieran Maguire

4th Dec, 2023 | 6:30am

Kieran Maguire verdict on Everton landing another points deduction ahead of crucial announcement soon

Everton are on track to avoid another points deduction when they announce their latest 2022/23 accounts.

That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the Toffees’ chances of being handed a second deduction this season.

Everton are set to announce their 2022/23 financial accounts within the coming days, with the deadline for the announcement set for the end of December.

If the club’s losses exceed the £105million limit set by the Premier League for a three-year period, then the Merseyside club could face another points deduction this season.

As reported by the Daily Mail, any financial breaches in the upcoming accounts will be dealt with by May, meaning huge losses could result in Everton losing more points.

However, Maguire explained that the club’s losses over the Covid-19 period will be halved, while they have also made an effort to lower their wage bill.

I’m slightly more relaxed than other observers in relation to Everton’s non-compliance with the three-year period ending June 2023,” Maguire told Football Insider’s Sean Fisher.

Part of this is that under the Premier League rules, the two seasons affected by Covid-19 have the losses added together and halved.

Everton would have put in for substantial Covid-related adjustments in respect of that period of time.

2022 was a better year for the club on the back of the sale of Richarlison and the sale of Anthony Gordon which represented pure profit.

So while I suspect it will be squeaky bum time, I don’t think the club will be on the wrong side of the £105million allowed loss.

Other players on huge pay packets such as James Rodriguez have been shifted off the wage bill.

It won’t be easy, but I’m hopeful that Everton will have been fully aware of the scrutiny they were under and have been cautious on their spending.

In other news, Ex-Everton CEO issues ‘huge’ Sean Dyche verdict – ‘he held Aston Villa talks’