UkeDirk Gently It's 8 points deduction in the PL. Calculated as being roughly the same as the FL "sporting sanctions" but scaled down because they play fewer matches.
But they have to go into administration first to get the deduction
Could the PL make the problem worse as they try to delay declaring that their whole brand is built on sand
Only if it doesn't work. In a lot of ways this is a similar idea to a government supporting a failing bank - they know if it collapses the loss of confidence in the whole system will damage them more than the cost of supporting that one for a while. It buys them time to sort something else out.