Everton have been told their PSR appeal will be heard before the end of the season in the Premier League.
The Toffees were handed a two-point deduction earlier this month and appealed the decision on Monday but there has been no conclusion yet.
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However, fears that their fate could be decided after the Premier League season ends have been allayed.
A statement from the Premier League read on Friday: "The independent Appeal Board has confirmed it intends to announce its decision regarding Everton Football Club before the last day of the current season.
"This follows Everton appealing the two-point deduction imposed by an independent Commission on the club following its admission of a breach of the Premier League’s Profitability and Sustainability Rules.
"The Appeal Board’s intention to make its decision public in advance of Sunday 19 May will provide certainty to all clubs and fans.
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"If it is necessary, to achieve the intended timings the Appeal Board will publish its written reasons separately, by no later than 1 June 2024, in accordance with the Premier League’s Standard Directions.
"No further comment will be made in respect of the case until the Appeal Board’s decision is issued."
Everton were handed a 10-point deduction earlier this season but an appeal saw that reduced to six after breaching PSR rules over a three-year period to 2021/22.
However, they were handed an additional charge of two points on April 9 and there were fears that an appeal would not be ratified before the end of the season.
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With Sean Dyche's side 16th in the Premier League, their top-tier status might depend on whether or not their appeal is a success.
There are six games to go and Everton are just two points above the relegation zone.
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The Toffees face Nottingham Forest in a relegation scrap on Sunday with Nuno Espirito Santo's side 17th in the table.
Everton have had a miserable campaign to date, most recently being torn apart by Chelsea on Monday night in a 6-0 defeat.