The club are to appeal the decision
Everton have been deducted a further two points for a second breach of Premier League financial rules.
It means they've been docked eight points in total this season.
The Merseysiders have dropped to 16th in the table - just two points above the relegation zone.
Everton will appeal the decision made by an independent panel.
IRFU Investigate Online Racist Abuse Directed Toward Edwin Edogbo
The Munster lock from Cork made his Ireland international debut in Saturday's Six Nations win.
Farrell Hits Out At "Keyboard Warriors" Aiming Abuse At Suncroft's Sam Prendergast And Jack Crowley
Farrell says he feels online abuse can be "damaging" for young players.
Monday Morning Sports Update
Keeping you up to date on GAA, soccer, rugby, winter Olympics, golf and racing.
Kildare Football Team vs Derry
6.30pm Saturday, Commentary in association with Hanlon Concrete Robertstown. More Music Sportsbeat extended to 8pm
Tottenham Set To Appoint Igor Tudor As Interim Head Coach
A verbal agreement has been reached with the former Juventus boss.
Two League Of Ireland Games Postponed Due To Weather Conditions
Richmond Park has failed a pitch inspection, while conditions were no better at Tolka Park
ROI Begin Their National League Campaign Away To Kosovo On September 24th
They will play four matches in ten days.
Friday Morning Sports Update
Keeping you up to date on GAA, soccer, golf, rugby and racing.
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