Everton could face THIRD point deduction after having EPL future in doubt

EVERTON could face a THIRD points deduction - after “escaping” with a loss of just two points for their admitted breach of Prem Profitability and Sustainability Rules.

But there is no possibility of a hearing into the alleged extra £6.5m loss before next season.

And Everton announced the club WILL appeal against the latest verdict as every single point could prove the difference between survival and relegation.

The punishment drops Everton down one place from 15th to 16th and now just two points above Luton, who fill the final relegation slot.

Without their deductions, the Toffees would be 12 points clear of trouble in 14th.

A three man independent commission ruled that the Goodison club’s latest breach - with “permitted” losses of £121.6m over three seasons - was worth a five point deduction.

However, that was reduced by three points after Prem lawyers accepted Everton’s “double jeopardy” argument - the six points already deducted included a calculation over two of the three years involved in the latest charge.

The Commission gave Everton two points back for that, plus a further point for their “early” guilty plea.

However, the Commission revealed that Prem legal chiefs want to pin a further £6.5m of losses on Everton, representing the difference between the club’s initial accounts and the final figure for the three years.

That was after an attempt to amend the charge to add extra losses of almost £17m - relating to share capitalisation by the club - was rejected by the Commission.

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The three-man panel, though, led by James Drake KC, will allow the Prem to argue that £6.5m in “interest payments” which Everton insist were “directly attributable to the club’s new stadium” should be the