Everton's punishment for breaching the Premier League's profit and sustainability rules (PSR) has been reduced from 10 points to six on appeal by the Merseyside club, the Premier League announced on Monday.
The initial 10-point sanction was handed down in November, with Everton immediately filing their appeal against what was the harshest such penalty in Premier League history.
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In a statement on Monday, the league said: "Everton FC appealed the sanction imposed against it on nine grounds, each of which related to the sanction rather than the fact of the breach, which the club admitted.