Everton Withdraw PSR Breach 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Everton have withdrawn their appeal against a two-point deduction for breaching Premier League financial rules.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 by 16-point-6 million poinds 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 at Arsenal on May 19.

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.

Successive home wins over Nottingham Forest, Liverpool and Brentford last month secured Everton’s Premier League safety.

They face Sheffield United in their final home game of the season at Goodison Park on Saturday.

Nottingham Forest’s appeal against their four-point deduction for breaching PSR rules was rejected by an independent panel on Tuesday.

In its written reasons for Everton’s most recent deduction, the independent commission said the Premier League’s starting point for any PSR sanction was a five-point deduction but conceded two should be taken off because of the overlap in the years that were assessed in the club’s two cases.