Leeds and Burnley have dropped the threat of legal action against Everton and the Premier League over the Toffees' finances.
That figure also included £170m losses attributed to Covid-19, which can be written off, although the scale of those losses also caused surprise.
But Everton have always indicated they were confident they had complied with financial rules, and have been working with the Premier League.
Both Leeds and Burnley wanted the club's accounts to be independently investigated, but after meeting with the Premier League they were advised that they complied with profit and sustainability rules.
The two clubs had written to the Premier League in May, with their top-flight status under threat.