Everton is expected to file an appeal against a 10-point deduction from the Premier League handed down by an independent commission on Friday.
The club was fined on November 17 for violating the Premier League’s profit and sustainability rules, and they have 14 days to appeal.
Once submitted, the case will be reviewed by an independent appeals commission comprised of individuals who are not members of the original commission panel.
Everton said they were “shocked and disappointed” by the decision and promised to appeal.
“Both the harshness and severity of the sanction imposed are neither a fair nor a reasonable reflection of the evidence submitted,” the club said in a statement.
The deduction, imposed with immediate effect by an independent commission, is the largest in Premier League history and has pushed Sean Dyche’s team into the relegation zone.
Everton got 10 Points Deduction from Premier League
Everton admitted to the Premier League during a five-day hearing that it had violated the league’s profitability and sustainability rules (PSR).
The auditor general found that “Everton’s PSR calculation for the relevant period resulted in a loss of £124.5m, as contended by the Premier League, which exceeded the threshold of £105m permitted under the PSRs” .
Everton were 14th in the league table prior to their points loss, eight points above the bottom three, after narrowly avoiding relegation to the Championship last season.
In Premier League history, only three clubs have been docked points. Middlesbrough were docked three points for failing to play a game against Blackburn in 1996/97, and Portsmouth were docked nine points after going into administration in March 2010.
Due to financial irregularities that were committed several seasons prior, Tottenham was docked 12 points prior to the 1994–1995 season. However, the punishment was subsequently reduced to six points before being lifted.