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

Everton have withdrawn their appeal against a two-point deduction for a breach of the Premier League's Profitability and Sustainability Rules, the soccer club said on Friday.

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