Everton have withdrawn their appeal against a two-point deduction issued for a breach of the Premier League s profit and sustainability rules.
Last November, the Toffees were hit with a 10-point deduction for breaching the competition s financial rules during a four-year assessment period ending in 2021-22, though that penalty was reduced to six points on appeal.
They were then – along with Nottingham Forest – charged with breaching again in the period culminating in the end of last season.
An independent commission found Everton had exceeded the maximum loss limit of £105million by £16.6m during that latter period, issuing a further two-point deduction, which the club pledged to appeal.
However, Everton have since secured safety with relative ease,…