Everton have had 10 points deducted for a breach of the Premier League‘s profitability and sustainability rules (PSR) for the season ending 2021-22, the league said on Friday.

“The Commission determined that Everton FC’s PSR Calculation for the relevant period resulted in a loss of £124.5 million ($154.7m), as contended by the Premier League, which exceeded the threshold of £105m permitted,” it said.