BREAKING – Everton appeal two points penalty for breaking financial rules as verdict set to be issued to the Toffees on…

Everton have lodged an appeal against their two-point deduction for breaking financial rules, and the English Premier League wants a verdict to be reached before the last round of matches.

The relegation-threatened club were docked two points last week for overspending in a three-year spell up to the end of the 2022-23 season. It was a second deduction this season, with Everton having already had six points removed — reduced from 10 following an appeal — for breaching spending limits from 2019-20 to the 2021-22 season.

Nottingham Forest, just above the relegation zone like Everton, have also been punished for the same offence and announced an appeal.

Forest’s hearing against a four-point sanction has reportedly been scheduled for next week and the Premier League has said it will do all it can to ensure Everton’s appeal outcome in advance of May 19 — the final day of the season — “for clarity and certainty for all clubs and fans.”

Everton admitted to breaching the permitted loss threshold under the league’s profit and sustainability rules by Stg 16.6 million ($A32m) for the second offence.

The independent commission which imposed the sanction disclosed in the written reasons for its decision that the Premier League initially sought a five-point penalty.

This was reduced to two by the commission after mitigation was taken into account, notably that it felt the club was being punished twice in the same overlapping period.

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