"Everton is preparing documents to appeal the EPL's decision to deduct 10 points for violating financial fair play rules.
According to Sky Sports, Everton has decided to appeal the decision of the commission and plans to file an appeal on Friday before the two-week deadline.
The Toffees' management can hope for a positive outcome based on the precedent-setting legal system in England. In the 1994/95 season, Tottenham were deducted 12 points for breaching financial rules in the previous campaign, but on appeal the penalty was reduced to six penalty points and then cancelled altogether.