Everton gets biggest sporting sanction in EPL history of 10 points for breaching financial rules

Everton has been handed the biggest sporting sanction in the Premier League’s 31-year history for breaching the competition’s financial rules with the deduction of 10 points dropping the team into next-to-last place in the standings. The northwest club reported three-year losses totaling nearly 372 million pounds ($454 million) last season. The league’s profit and financial sustainability rules allow clubs to lose a maximum of 105 million pounds ($128 million) over a three-year period or face sanctions. Everton had 14 points after 12 games. The penalty drops the team to four points with immediate effect. That is the same as last-place Burnley. The club says it is “shocked and disappointed” by the ruling and will be appealing.

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