Everton have been warned they face a third Premier League charge for breaking financial rules.
The Toffees were formally notified it had been accused of breaching the Premier League's profit and sustainability regulations (PSR) for a second consecutive year on Monday.
That came with the Toffees appealing against the 10-point deduction imposed in November for breaches in 2021-22.
But football finance expert Stefan Borson, who said that Everton were entirely aware of the rules, suggested they face being hit by another charge for a breach next season.
Borson told talkSPORT: 'In the written reasons for the first breach sanction, the independent commission hinted that Everton failed for 2022-23.
'It said in the adjudication that the trend for last season was not positive for Everton.'
Borson, who previously worked for Manchester City before the Abu Dhabi takeover, explained: 'Do the maths on what a failure in 2022-23 must infer about their losses for the period to the end of June 2023.
'It must infer that they had a PSR loss of £85million because in the other two years the loss was only around £20m.
'That means that the PSR loss that must be there, that we haven't seen yet, for 2022-23, must be £85m.
'So when you knock off the third year back, 2020-21, the Covid year from the calculation, when you're doing the assessment that's coming for this season, that means they're going to have to balance it and have a zero loss.
'And that's impossible.'
Borson says their appeal is 'unlikely to materially reduce' the 10 point penalty.
Under Premier League rules, clubs are allowed to lose a maximum of £105m over three years.
The commission found Everton overreached their allowed losses by £19.5m and concluded: 'This was a serious breach that
Read on m.allfootballapp.com