Everton have been left reeling after being hit by a 10-point deduction that has plunged them to second bottom in the Premier League.
An independent commission has found the Toffees breached the league's profit and sustainability rules during the 2021-22 season.
Everton posted staggering financial losses of almost £372million over a three-year period - more than £250m above what the Premier League's guidelines permit club to lose.
Their profit and sustainability calculation for the period in question was contested by the Premier League and found to be a loss of £124.