Everton have lodged a formal appeal against their second points deduction for breaching the Premier League’s financial rules, according to BBC Radio Merseyside.
The Toffees had previously seen a 10-point deduction reduced to six upon appeal in February for the period spanning from 2019 to 2022.
The ongoing appeal process is expected to be finalized by May 24, just five days after the conclusion of the final Premier League fixture.
Currently positioned 16th in the table, Sean Dyche’s team holds a two-point advantage over the relegation zone.
Facing Chelsea in a league encounter on Monday (kick-off 20:00 BST), the Blues aim to distance themselves further from the threat of relegation.
The Profit and Sustainability Rules (PSR) allow clubs to incur losses of up to £105m over three years. An independent commission determined that Everton exceeded this limit by £16.6m for the period ending in 2023.
Additionally, Everton might face an additional points deduction concerning the interest expenses linked to the construction of the club’s new stadium at Bramley-Moore Dock. However, a resolution on this matter is unlikely before the season’s end.
Timeline guide to Everton cases
24 March 2023: Premier League refers Everton to independent commission over alleged breach of financial fair play rules for the three-year accounting period ending with the 2021-22 season.
17 November 2023: Everton receive an immediate 10-point deduction after being found to have breached the Premier League’s financial rules.
15 January: Everton and Nottingham Forest are charged for breaches of the league’s profit and sustainability rules. The hearing has to be concluded within 12 weeks of this date, which is 8 April.
26 February: Everton’s first penalty for breaching Premier League financial rules is reduced from 10 points to six after an appeal.
25 March: Hearing for Everton’s second charge, relating to three-year accounting period ending in 2022-23, takes place this week.
8 April: Everton receive second points deduction of two points.
15 April: Everton lodge formal appeal over second points deduction.
19 May: The final day of the Premier League season, when Everton visit Arsenal (16:00 BST).
24 May: The latest possible date for an appeal hearing to be concluded.