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The Premier League seem secretive about decisions on club finances, and do not move swiftly to a published conclusion so it may be some time before the outcome of any investigation of Everton's finances is known.
For example, there is still, so far as I am aware, no published decision on the investigation into Manchester City over FFP, (parallel to the failed UEFA investigation but not time-barred as that was). It was started in 2018 and was last mentioned in the press in July 2021 when Manchester City failed to convince the Appeal Court that the investigation should be confidential.
Lord Justice Males noted the time that had elapsed since the Premier League launched its investigation. “This is an investigation which commenced in December 2018. It is surprising, and a matter of legitimate public concern, that so little progress has been made after two and a half years – during which, it may be noted, the club has twice been crowned as Premier League champions,” he said.
For example, there is still, so far as I am aware, no published decision on the investigation into Manchester City over FFP, (parallel to the failed UEFA investigation but not time-barred as that was). It was started in 2018 and was last mentioned in the press in July 2021 when Manchester City failed to convince the Appeal Court that the investigation should be confidential.
Lord Justice Males noted the time that had elapsed since the Premier League launched its investigation. “This is an investigation which commenced in December 2018. It is surprising, and a matter of legitimate public concern, that so little progress has been made after two and a half years – during which, it may be noted, the club has twice been crowned as Premier League champions,” he said.
Court ruling shows Premier League still investigating Manchester City over FFP
Manchester City strongly deny wrongdoing regarding financial fair play, which the Premier League started to investigate in March 2019
www.theguardian.com