with Eoin Beatty
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.
Arsenal And Tottenham Begin Their Champions League League Phases Tonight
PSV face Union SG, Benfica play Qarabag, Juventus go up against Dortmund and Real Madrid play Marseille
Mark Allen And Aaron Hill In Action At Snooker's English Open Today
Meanwhile, Ronnie O'Sullivan has withdrawn from next week's British Open due to 'medical reasons'
Former Ireland International Lynne Cantwell Is Set To Be Inducted Into World Rugby's Hall Of Fame
Cantwell - who is Ireland's most capped player - won a Grand Slam and a Six Nations title during her playing career in green
France's Axelle Berthomieu Given 12-Match Ban For Biting Aoife Wafer
French captain Manae Feleu has also been suspended for three games
Sarah Healy Represents Irish Interest In Today's Women's 1,500 Metre World Championship
The Dubliner is due on track shortly after 2pm, with Kenya's Faith Kipyegon the heavy favourite to win gold
Success For Andrew Coscoran But Disappointment For Sarah Lavin At The World Athletics Championships
Meanwhile, Cork's Nicola Tuthill is in action as she competes in the final of the hammer
Scottie Scheffler Wins Once Again On The PGA Tour
The world number one collected his sixth title of the season with a one-shot victory at the Procure Championship in California
St Pat's Needed Extra-Time To Secure Win In Their FAI Cup Quarter-Final Game Against Galway United
They'll now face Cork City in the last four
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