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Everton handed 10-point deduction for breaching Premier League's financial rules
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Everton's James Tarkowski, center, celebrates scoring with teammates during the English League Cup fourth round soccer match between Everton and Burnley at Goodison Park, Liverpool, England, Wednesday Nov. 1, 2023. - photo by Peter Byrne/PA via AP
LONDON (AP) — Everton was deducted 10 points by the Premier League on Friday for breaching the competition's financial rules. The 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.