Everton face new allegations of breaching Premier League spending rules.
The club was today charged with breaking profit and sustainability limits for a second consecutive year. The club is currently preparing its appeal over the first case, which led to it receiving a 10 point penalty this season.
Everton hope that making headway in its mitigating arguments in that first case will directly help its cause against the new accusations and club chiefs maintain that the appeal remains its primary focus.
LIVE: Everton FFP breach - updates and reaction
777 Partners takeover stance after Everton hit with another FFP breach
Transfer Window Sale! Sign up to read exclusive business of football content from Dave Powell via The Bottom Line newsletter with 75% off by subscribing here.
The club was formally notified that the Premier League believed it had breached financial regulations on Monday, a fortnight after the deadline for all top flight clubs to submit their accounts for the football financial year ending in the summer of 2023. The case is expected to conclude before the end of the current season with any punishment, including another points deduction, taking effect during this campaign.
In a statement released on Monday afternoon, the Premier League said: "Everton FC and Nottingham Forest FC have each confirmed to the Premier League that they are in breach of the League’s Profitability and Sustainability Rules (PSR). This is as a result of sustaining losses above the permitted thresholds for the assessment period ending Season 2022/23.
"In accordance with Premier League Rules, both cases have now been referred to the chair of the Judicial Panel, who will appoint separate Commissions to determine the appropriate sanction.
Read on liverpoolecho.co.uk