Soccer-Everton withdraw appeal against Premier League's two-point deduction

FILE PHOTO: Soccer Football - Premier League - Everton v Liverpool - Goodison Park, Liverpool, Britain - April 24, 2024 General view of an Everton flag outside the stadium before the match Action Images via Reuters/Lee Smith

(Reuters) -Everton have withdrawn their appeal against a two-point deduction for a breach of the Premier League's Profitability and Sustainability Rules (PSR), the club said on Friday, with the team now safe from relegation.

The penalty was imposed last month -- Everton's second deduction this season. The Merseyside club were deducted 10 points in November for another breach, although that was reduced to six on appeal in February.