They've been found guilty of breaching the Premier League's Financial Fair Play rules
Everton have received a ten-point deduction after being found guilty of breaching the Premier League's Financial Fair Play rules.
The club had been under investigation for alleged breaches and a five-day hearing took place last month.
Everton have confirmed they intend to appeal against the decision and described it as 'a wholly disproportionate and unjust sporting sanction.'
The deduction is set to be applied immediately - leaving the Toffees joint-bottom of the Premier League on four points.

Transgender Women Athletes Banned From Competing In Female Events At The Olympics
Naas's Jamie Osborne Returns For Leinster Clash With Scarlets
Countdown On For The ROI World Cup Playoff Semi-Final Against Czechia Tonight
Thursday Morning Sports Update
Thousands Of Irish Soccer Fans Make Their Way To Prague Ahead Of World Cup Play-Off
Kildare U20 Football Team & Panel vs Wicklow
Wednesday Morning Sports Update
Kildare Minor Football Team vs Laois