Click here to read the independent Commission’s full written reasons.

An independent Commission has given an immediate two-point deduction to Everton FC for a breach of the Premier League’s Profitability and Sustainability Rules (PSRs) for the period ending Season 2022/23.

Over a three-day hearing last month, the independent Commission heard evidence and arguments from the club in respect of a range of potential mitigating factors for its admitted breach of £16.6million, including the impact of its two successive PSR charges. Having done so, the Commission determined the appropriate sanction to be a two-point deduction, taking effect immediately.

The independent Commission reaffirmed the principle that any breach of the PSRs is significant and justifies, indeed requires, a sporting sanction.

Click here to read the independent Commission’s full written reasons.

Commissions are independent of the Premier League and member clubs. The members of the Commission were appointed by the independent Chair of the Premier League Judicial Panel.

Here’s what to look out for over the next seven days, with clubs in European quarter-final action and March’s monthly awards winners announced on Friday, followed by another huge weekend of Premier League matches, including leaders Arsenal at home to Aston Villa on Sunday.

Mikel Arteta and Pep Guardiola will hold their press conferences a day before their teams play UEFA Champions League quarter-final first leg ties against Bayern Munich and Real Madrid respectively.

Arsenal are at home to Bayern Munich, who have been a thorn in the Gunners’ side in knockout stages of this competition, winning each of their last-16 legs 5-1 back in 2016/17.