The Premier League has announced that Everton will not face an additional points deduction over a previously unresolved financial matter.

Everton have successfully complied with the league's Profitability and Sustainability Rules (PSR) for the 2023-24 financial year, marking the first time in three years they have achieved compliance. This development has provided a significant boost for the club and its new ownership.

The club had been grappling with the potential for further sanctions following two points deductions last season. The unresolved matter, first raised 12 months ago, related to how Everton accounted for interest on loans purportedly used to finance the construction of their new stadium, which is set to open next season. At the time, the Premier League argued that the complexity of the issue required further investigation, leaving the door open for a third penalty.

Everton have consistently denied any wrongdoing, and after a thorough review of additional documentation provided by the club, the Premier League has decided not to pursue further action.

In a joint statement released by Everton and the Premier League, it was confirmed:

**"The outstanding element of the complaint against Everton Football Club for its breach of the Premier League’s Profitability and Sustainability Rules for the period ending season 2022/23 has been discontinued, meaning that the club will face no further action.

"After considering the further information and documents provided by the club in detail, the Premier League Board has concluded that it would not be appropriate or proportionate to continue to pursue the second part of their complaint.

"The club and the league agree that this brings to an end all proceedings between the league and the club in relation to the club’s breaches of the PSR for the financial years ending 30 June 2022 and 30 June 2023."**

The resolution provides a welcome reprieve for Everton as they prepare for the move to their new stadium, allowing them to focus fully on their on-pitch performances and the future stability of the club.