Everton have been deducted 10 points for breaches of profit and sustainability rules, the Premier League has said.
The penalty, effective immediately, leaves the club with four points and plunges them into the relegation zone.
The club said it was “shocked and disappointed” by the “wholly disproportionate” ruling and plans to appeal.
It comes after the league referred Everton in March to an independent commission after reviewing the financial records of all top-flight clubs for the 2021-22 season.
According to the rules, clubs can sustain losses of up to £105m in three years or potentially face penalties.
However, Everton FC reported losses of £124.5million for the relevant period.
Everton FC said in a statement after today’s points deduction: “The club believes that the commission has imposed a wholly disproportionate and unjust sporting sanction.
“The club has already communicated its intention to appeal the decision to the Premier League. The appeal process will now commence and the club’s case will be heard by an Appeal Board appointed pursuant to the Premier League’s rules in due course.
“Everton maintains that it has been open and transparent in the information it has provided to the Premier League and that it has always respected the integrity of the process.
“The club does not recognise the finding that it failed to act with the utmost good faith and it does not understand this to have been an allegation made by the Premier League during the course of proceedings.”
Everton added that both the “harshness and severity of the sanction imposed by the commission are neither a fair nor a reasonable reflection of the evidence submitted”.
The club added that it would also “monitor with great interest the decisions made in any other cases concerning the Premier League’s profit and sustainability rules”.
Everton said they could not comment any further until the appeal process was over.
Steve Rotheram, the mayor of Liverpool City Region, said the points deduction was an “excessive and grossly unfair punishment”.
Writing on X, formerly Twitter, he said: “I’ll be supporting the club in their appeal and writing to the Premier League to ask them to rescind it.
“This is about fairness, not partisan rivalry.”
The Premier League said in a statement: “During the proceedings, the club admitted it was in breach of the PSRs for the period ending Season 2021/22 but the extent of the breach remained in dispute.
“Following a five-day hearing last month, the Commission determined that Everton FC’s PSR Calculation for the relevant period resulted in a loss of £124.5million, as contended by the Premier League, which exceeded the threshold of £105million permitted under the PSRs.
“The Commission concluded that a sporting sanction in the form of a 10-point deduction should be imposed. That sanction has immediate effect.”
UK weather: New warnings issued as 1,500 properties still without power
Around 1,500 homes and businesses are still without power after heavy snow caused major power cuts in Cumbria.
It came as much of the country was hit by cold and wet conditions over the weekend, including a low of -12.5C recorded in northern Scotland overnight.
Freezing conditions are forecast to continue on Monday and the Met Office has issued new yellow weather warnings for snow, ice and rain.
Cumbria was one of the worst affected regions over the weekend, with up to 30cm of snow falling in places.
Officials declared a major incident in the county on Saturday and advised people not to travel unless necessary.
Dozens of motorists in the Lake District were forced to abandon their cars overnight. Many were forced to seek refuge in local community centres, primary schools and a church.
Electricity North West said its engineers had been “battling treacherous conditions” throughout the weekend and were still working on restoring supplies on Sunday evening.
Another 7,500 homes and businesses have been reconnected after earlier being hit by power cuts.
The weather also caused disruption to travel, including at East Midlands Airport, which was forced to temporarily close its runway on Sunday.
It came after some flights were cancelled at Glasgow Airport and London Stansted Airport on Saturday.
The Met Office’s new weather warnings include alerts for ice across much of northern England and parts of the Midlands, as well as snow for higher areas of Wales and the Peak District.
The weather agency said there was a risk that snow will lead to major travel disruption and there could be “accumulations of 2cm to 5cm on some roads above around 150m, and perhaps 10cm to 15cm on roads above around 350m”.
The warning runs from Sunday evening until 12pm on Monday.
The Met Office also issued a yellow weather warning for rain across parts of southern Wales and southwest England, with the alert due to come into force from midnight and run until 6pm on Monday.
Forecasters said there was a risk of flooding to some homes and businesses, as well as potential disruption to train and bus services.
The RAC warned northern parts of the country were facing an “ice rink on Monday as snow refreezes overnight” and advised motorists to take care.
Spokesperson Simon Williams said: “We’re expecting some very treacherous icy conditions in northern parts, so those who have to drive should exercise great caution.
“If it’s possible to delay or even abandon journeys that may well be the best option.”
However, Met Office meteorologist Tom Morgan said the weather would likely become milder later in the week.
He added: “So there is an end in sight to the wintry weather.”
Rishi Sunak suggests more tax cuts are on the way – but refuses to commit to triple lock manifesto pledge
Rishi Sunak has suggested more tax cuts are on the way because the economy has “turned a corner”.
The prime minister told reporters that while he would not comment on specifics, trimming taxes was “the direction of travel from this government”.
But it came as he refused to say if the pensions triple lock would be in the next Conservative Party manifesto – despite Downing Street insisting in September that it was “committed” to the policy.
Mr Sunak’s comments echo similar remarks by his ministers in recent weeks.
Chancellor Jeremy Hunt also said last month that the economy had “turned a corner” just before he unveiled a cut to National Insurance in the Autumn Statement.
However, four million people could also end up paying higher taxes if their wages rise after the government decided to continue the freeze on tax thresholds.
Reports suggest the Conservatives are considering additional cuts in 2024 as the party tries to woo voters and reduce Labour’s 20-point lead in opinion polls ahead of the next general election, which must take place by January 28 2025.
Cuts to stamp duty and inheritance tax are among the options reportedly being looked at by ministers.
When asked about the two policies, Mr Sunak said: “I would never comment on specific taxes. But what I will just say, though, is we have turned a corner.
“We have got inflation down, as I said we would, we have grown the economy and we are now focused on controlling spending and controlling welfare so we can cut taxes. So when we can do more, we will.”
He added: “We want to grow the economy, we want to reward people’s hard work and aspirations and cut their taxes responsibly. That is the direction of travel from this government.
“If you want controlled public spending, controlled welfare and your taxes cut, then vote Conservative.”
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Mr Sunak was unable to make similar promises about the triple lock, which ensures the state pension must rise every April by whichever is highest out of average earnings, inflation or 2.5%.
The policy has come under fire in recent months by critics who claim it has become too expensive and gives the government less financial “headroom” to deal with economic shocks.
Some senior Tories have called for it to be scrapped and Labour has refused to guarantee the triple lock will remain in place if it wins the next election.
While the government continued with the policy in its recent Autumn Statement, ensuring the state pension will rise by 8.5% in April 2024 to £221.20 a week, Mr Sunak refused to be drawn when asked directly if it would be in the next Tory manifesto.
Speaking to journalists as he flew between the UK and Dubai for the COP28 summit, he replied: “[I’m] definitely not going to start writing the manifesto on the plane, as fun as that would be.”
Mr Sunak acknowledged there had been “some scepticism” about if policy was going to form part of the Autumn Statement, but said its inclusion had been “a signal of our commitment to look after our pensioners who have put a lot into our country”.
Reindeer block dual carriageway in Suffolk
A major road was closed by police in both directions after a “large number” of reindeer wandered in front of traffic.
Police were called to the scene, on the A11 near Barton Mills in Suffolk, at around 3.20pm on Sunday.
National Highways East said no traffic had been able to pass due to the “large number” of the animals on the road and added that police had been “trying to catch them”.
The reindeer eventually left the road at around 5.20pm and it was reopened shortly afterwards, officials said.
In an update on X, formerly Twitter, National Highways East confirmed police closed the A11 “in both directions between A1134 and A1101”.
There are not thought to be any wild reindeer in England and it is unclear where the animals came from.
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