This article by Andy Hunter in The Guardian provides a pretty succinct overview of Everton’s situation as the club enters what could be a pivotal week in its storied history.
“Barring the return of 10 points – which seems unlikely given Everton admitted to breaching PSR by £9.7m at October’s hearing – the risk of a first relegation in 73 years is real. Everton insisted the appeal was their primary focus when charged by the Premier League for a second time in January.
“Everton’s case, while the result of years of mismanagement that prompted mass fan protests against owner Farhad Moshiri and the club’s former board, has exposed serious flaws in the Premier League’s regulatory framework. The argument for an independent regulator has been strengthened even further. The suspicion among Evertonians that the Premier League has used their club as a convenient scapegoat to show an independent regulator is not required has hardened since the appeal.”