Everton have been deducted 10 points for a breach of profit and sustainability rules.
READ ALSO: Bandits suffer heavy casualty as troops launch deadly offensive in Kaduna
The deduction is the largest in the history of the Premier League and plunges Sean Dyche’s team into the relegation zone.
After narrowly avoiding relegation to the Championship last season, Everton were, prior to their points loss, 14th in the league table, eight points above the bottom three.
Only two clubs have previously been docked points in Premier League history – Middlesbrough, who were deducted three for failing to fulfill a fixture against Blackburn in 1996/97 and Portsmouth, who were stripped of nine after entering administration in March 2010.
While the nature of the alleged breach has not been dislosed, the charge related to interest payments on the cost of building the club’s new stadium at Bramley Moore Dock.
(C)ControlTV2023.
