The ruling stems from the 2021-22 season, when Everton were found to have breached the Premier League's Profit and Sustainability Regulations across a three-year period.
Everton were initially handed a ten-point deduction in November 2023, later reduced to six points on appeal, as punishment for the breach.
Burnley, who were relegated at the end of that 2021-22 campaign, argued they suffered financial losses as a direct result of Everton's breach and pursued a compensation claim through the same independent commission.
The panel ultimately awarded Burnley £26million in damages plus a further £9million in interest, taking the total above £35million, with further interest potentially pushing the figure closer to £40million.
Everton have confirmed they are appealing the decision, describing themselves as "surprised and angered" and arguing the ruling is "fundamentally flawed in both law and fact."
Speaking in his role as a World Cup pundit for talkSPORT, Moyes addressed the wider implications of the case.
"I don't know if this opens a huge can of worms with other events as well," Moyes said. "Teams who have maybe not got promoted, for example, because the Premier League teams are having problems with PSR."
He added that Everton had already paid a sporting penalty for the breach. "I felt that we had paid our dues, if that's right, and we had done it already, but for this to come back to us, it feels like an individual case."
Asked directly whether the ruling would affect Everton's recruitment this summer, Moyes was clear.
"They told me no, Simon. They told me that it wouldn't have any effect on it, and look, I was aware of this probably four or five weeks ago when it was happening, that this would be the case."
Moyes pointed to the strong finish Everton produced last season as evidence of the progress he wants to build on, despite a difficult final few weeks.
"We had a good season except the last month or so when we sort of blew up and we were in a really, really strong position," he said.
He also indicated that Everton's current ownership group had factored the possibility of such a ruling into their planning when they took control of the club.
"My understanding is that the Friedkins were aware of this when they were buying the club and there was a possibility this could happen," Moyes said. "So the answer to that is I really hope it has no effect on what we're going to do in the summer."
For Moyes, the priority now is ensuring the uncertainty around the case does not overshadow preparations for Everton's first full season at their new Hill Dickinson Stadium home.