Everton's prospective new owners 777 Partners 'could pay a reduced price for the club' if they are deducted points for alleged breach of Premier League's financial rules - after they agreed £500m deal with Farhad Moshiri

The US investment firm - who are led by American entrepreneur Josh Wander - agreed a £500million deal to acquire owner Farhad Moshiri's 94.1 per cent controlling stake last month.