Everton were handed the penalty — the harshest in top-flight history — back in November for breaching the league's Profitability and Sustainability rules.
The club went over the limit that Premier League teams are allowed to lose in an allotted period by £19.5m.
Despite working closely with the league, Everton were still found guilty, as a statement from the club revealed that they were «shocked and disappointed» at the severity of the punishment.
The Premier League received widespread condemnation from pundits and politicians across the country, with the Departure of Culture, Media and Sport asking for immediate clarification on how they came to the decision.
An appeal was lodged by Everton the same week and a hearing was held over a three-day period two weeks ago, with a decision said to be made by mid-February.
The deduction leaves Sean Dyche's side in the relegation zone, one point below Luton Town in 17th, as they would be level on points with 12th-placed Fulham without the points penalty.
As Everton await a final decision, former player and Sky Sports pundit Jamie Carragher has called the Premier League into question, with claims that they are dragging their feet over the issue.
On X (formerly known as Twitter), Carragher posted: «What is the hold up on the appeals decision regarding Everton's 10pt deduction?
»Two weeks have passed, this is surely a matter of urgency for Everton & the clubs around them. I'm sure they & the PL know their decision by now."
Carragher then questioned whether the Premier League are worried of facing further backlash from Everton supporters,
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