Everton have confirmed they have withdrawn their appeal against a second Premier League points deduction.

The Blues were hit with a two-point deduction in April for breaching Profit and Sustainability Rules. But after securing their survival from relegation, they have now decided to end the appeal they had lodged.

A club statement reads: "Everton Football Club has withdrawn its appeal of the decision by a Premier League Independent Commission to impose a two-point deduction on the club for a breach of the Premier League's Profit and Sustainability Rules for the accounting period ending in June 2023.

READ MORE: Sean Dyche tells Everton what happens to transfers if takeover completely falls through

READ MORE: Sean Dyche speaks out on Everton transfer plans amid takeover uncertainty

"A hearing, scheduled for later this month, will now not proceed, and the club will conclude the 2023-24 Premier League season with the two-point deduction remaining in place."

The Blues are currently 11 points clear of the relegation places, with two matches of the campaign to play, after a run of four wins and a draw in six games.

Earlier in the season the club was hit with a 10-point deduction for breaking spending rules accounting for the 2021-22 season. It was later reduced to six on appeal.

Earlier this week Nottingham Forest saw their appeal against a four-point deduction, accounting for the 2022-23 season, rejected.