I suspect the 2nd charge is a result of one or more of the following, and it is a guess on what is in the public domain but I think the Everton statement does say quite a lot.
1 - We are arguing the stadium pre planning costs/interest should not be included in PSR, there is evidence this rule changed mid way through a period after Spurs had benefitted from the "old" rule. If it is successfully argued the 1st breach will be considerably less which will affect PSR in the whole of that period and may also drop costs out of the latest year submitted or making us compliant.
2 - We have asterisked the PSR calculation due to the ongoing appeal, potentially over by the amount from the 1st breach which is being appealed, the PL didn`t like this and called a second breach, but how can the club finalise accounts which could potentially move at the appeal. If we can appeal the amount down it could make the latest year compliant.
3 - Premier League rules do not allow for a breach in a different period for the same year, I suspect they want to sanction us a second time for the same offence they have already sanctioned us for. If that is the case that is a massive legal no no, this is termed double jeopardy and outlines the amateurs running this league.
The chair of the DCMS got it right, Little Dickie Masters has no idea what is going on, he has kicked up a hornets nest and all he has left is to double down.
Any legal Lawyer worth his salt would take the PL to the cleaners, big time.