Everton have withdrawn their appeal against a two-point deduction for breaching Premier League financial rules,according to BBC.

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.

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 at 15:00 BST.