Everton drop into relegation zone following 10-points Premier League points reduction 

The club immediately indicated their intention to appeal against the sanction. It is understood the appeal will be heard during the course of the current season.

STUNNED: Everton keeper Jordan Pickford and defender James Tarkowski.

Everton have been hit with an unprecedented 10-point penalty after being found to have "taken chances" with the Premier League's financial rules.

An independent commission found the club's desire to improve their on-pitch performance had resulted in them acting "irresponsibly" and exceeding permitted losses under the league's profitability and sustainability rules (PSR).