Everton have been docked two points by the Premier League for a further breach of its profit and sustainability rules (PSR).
It takes the total number of points deducted this season to eight points.
Previously the club had been docked ten points in November for exceeding permitted losses by £19.5m during the 2021-22 season but this was reduced to six on appeal.
Before the latest immediate points deduction was announced, Everton sat 15th in the Premier League table, four points above the bottom three.
They now drop below Brentford into 16th place on 27 points, two points and two places above 18th-placed Luton
The latest points deduction relates to breaching PSR for a period ending with the 2022/23 season.
Everton were charged in January alongside Nottingham Forest who were handed a four-point deduction themselves that they have since appealed.
Premier League clubs are allowed to lose a maximum of £105m over three seasons but if they go over this figure they will breach PSR.
This breaking news story is being updated and more details will be published shortly.
Please refresh the page for the fullest version.
You can receive Breaking News alerts on a smartphone or tablet via the Sky News App. You can also follow @SkyNews on X or subscribe to our YouTube channel to keep up with the latest news.
