That's not correct. Clubs have to apply for their UEFA licence, and there are specific rules in the PL Handbook referring to this. This won't have affected Everton in recent seasons.
There is a specific PL rule that says clubs must comply with UEFA FFP rules, and we have been charged with five instances of breaking that PL rule. This is ironic, because we haven't been proven to have broken their rules (CAS), yet the club that has broken UEFA FFP (United) had not been charged by the PL. The PL has said it is investigating Chelsea though.