Everton have had their 10-point deduction for breaching the Premier League’s profitability and sustainability rules (PSR) reduced to six points.
The club were referred to an independent commission in March for alleged breaches relating to the 2021-22 season and initially deducted 10 points in November.
The reduction of their points penalty will move Everton on to 25 points and up to 15th in the Premier League.
The club called the decision — the biggest in the competition’s history and first relating to financial fair play regulations — “wholly disproportionate and unjust” and appealed against it two weeks later.