Everton transfer news LIVE - Premier League points deduction, dressing room reaction, 777 Partners latest

Everton will still be digesting the news that they have been hit with 10-point deduction after being found guilty of breaching the Premier League's profit and sustainability rules.

The punishment is unprecedented in English top-flight football and leaves the Blues 19th in the table on four points. The club has stated that it plans to appeal against the decision, with the severity of the punishment sparking plenty of debate across the footballing world.

And it comes against the backdrop of a proposed takeover of the Blues by the Miami-based 777 Partners.

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Keep tabs on the latest news, views and Everton FC transfer rumours below.

Everton hit with 10 point deduction but will appeal Premier League punishment

Everton will be appealing their 10-point deduction after being found guilty of a Premier League financial