Everton exceeded the permitted £105 million loss over three years with a total loss of £124.5 million up to 2021-22. The club plans to appeal the punishment, which places them 19th in the league.

The primary causes of Everton's financial troubles were overspending on new players, an inability to sell players, and lower-than-projected league finishes. This decision affects their league position, putting them in a challenging position in the Premier League. This is the third instance in Premier League history of a points deduction.

Manchester City is the only other club charged by the Premier League for financial breaches, with their case still ongoing. Chelsea may also face further scrutiny over financial matters.

Liverpool mayor Steve Rotheram called the punishment "excessive and grossly unfair" and expressed support for Everton's appeal.