Everton face a points deduction and potential relegation after being charged with breaching Financial Fair Play rules.
The troubled Toffees, in a desperate relegation battle under new boss Sean Dyche, had posted a staggering loss of 371.8MILLION over three seasons up until 2021-22.
Everton are facing a points deduction due to an alleged breach of Financial Fair Play rules
That is a whopping 266.8m over the 105m limit and comes despite the Farhad Moshiri-owned club claiming they would not fall foul of League regulations.
However, Everton vowed to robustly defend" themselves against the charge after the Prem referred the alleged breaches to an independent three-man disciplinary commission.
A hearing could take place before the end of the season, says The Sun.