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Everton withdraw points deduction appeal

Everton have withdrawn their appeal against a two-point deduction for breaching Premier League financial rules.

The Toffees were docked two points after an independent commission found the club had breached profit and sustainability rules (PSR) by £16.6m for the three-year period to 2022-23.

The appeal was due to take place next week with a verdict announced before the final game of the season against Arsenal on 19 May.

The Toffees had a 10-point deduction reduced to six on appeal in February for PSR breaches in the three-year period to 2021-22.