Everton have withdrawn their appeal against a two-point deduction issued for a breach of the Premier League's profit and sustainability rules.
Last November, the Toffees were hit with a 10-point deduction for breaching the competition's financial rules during a four-year assessment period ending in 2021-22, though that penalty was reduced to six points on appeal.
They were then – along with Nottingham Forest – charged with breaching again in the period culminating in the end of last season.
An independent commission found Everton had exceeded the maximum loss limit of £105million by £16.6m during that latter period, issuing a further two-point deduction, which the club pledged to appeal.
However, Everton have since secured safety with relative ease, winning four straight home games against Burnley, Nottingham Forest, Liverpool and Brentford last month.
They now sit 11 points clear of the bottom three with just two games remaining ahead of Saturday's meeting with already-relegated Sheffield United.
Having seen Forest fail in an attempt to overturn or reduce a four-point penalty for their breach, Everton have opted to let their punishment stand.
In a statement, the club said: "Everton Football Club has withdrawn its appeal of the decision by a Premier League independent commission to impose a two-point penalty for a breach of profit and sustainability rules for the accounting period ending in June 2023.
"A hearing, scheduled for later this month, will now not proceed and the club will conclude the 2023-24 season with the two-point deduction remaining in place."
While Everton have confirmed their top-flight status for next season, uncertainty continues to surround the club, with a prospective takeover by Miami-based investment group 777 Partners yet to be ratified, despite the deal being agreed in September.
The Everton Shareholders' Association (EFCSA) has called for majority shareholder Farhad Moshiri to cancel the deal amid continued doubts regarding 777's ability to fund the club.
Maresca named Pochettino's successor at Chelsea
Chelsea have announced the appointment of Enzo Maresca as the club's new head coach.
The former Leicester City boss has put pen to paper on a five-year deal, with the option for the club to extend his stay for another year.
Maresca replaces Mauricio Pochettino, who left Chelsea by mutual consent last month after just one season in charge.
The Italian oversaw Leicester's promotion back to the Premier League at the first attempt in 2023-24, the Foxes topping the Championship table with 98 points.
In a statement, Chelsea's co-sporting directors Laurence Stewart and Paul Winstanley said: "We are delighted to welcome Enzo to Chelsea.
"He has proven himself to be an excellent coach capable of delivering impressive results with an exciting and identifiable style.
"Enzo has deeply impressed us in our discussions leading up to his appointment. His ambitions and work ethic align with those of the club. We thoroughly look forward to working with him."
Former midfielder Maresca, who was a two-time UEFA Cup winner with Sevilla, began his coaching career on the staff at Ascoli – then of Serie B – in 2017.
He then joined Manchester City in August 2020 as manager of their Elite Development Side, who he guided to the Premier League 2 title in his first season, before a six-month stint in charge of Parma.
Maresca returned to City in June 2022 as an assistant to Pep Guardiola, before replacing Dean Smith at Leicester 12 months later and subsequently guiding the former Premier League champions back into the top flight.
The 44-year-old, who becomes the eighth different Italian to manage Chelsea, will enjoy his first taste of European football as a coach next season.
Although the Blues initially qualified for the Europa League having finished sixth in the Premier League, they dropped into the Europa Conference League following Manchester United's FA Cup final victory over Manchester City.
Nagelsmann hits out at 'racist' poll about make-up of Germany squad
Julian Nagelsmann has condemned a "racist" survey from German public broadcaster ARD, which asked respondents whether there should be more white players in the national team.
State broadcaster ARD asked 1,304 participants whether they would like to see more white players representing Germany at Euro 2024, with 21 per cent of respondents answering yes.
Germany and Bayern Munich midfielder Joshua Kimmich described the poll as "absolute nonsense" on Saturday, saying the diversity of the national team was a major positive.
Coach Nagelsmann echoed those sentiments during a media briefing at the team's Herzogenaurach training base on Sunday, saying: "It is racist. I feel we need to wake up.
"Many people now in Europe had to flee, searching for a safe country.
"Josh responded really well, with a very clear and thought-out statement. I see this in exactly the same way. This question is insane.
"There are people in Europe who have had to flee because of war, economic factors, environmental disasters, people who simply want to be taken in.
"We have to ask: What are we doing at the moment?
"We in Germany are doing very, very well, and when we say something like that, I think it's crazy how we turn a blind eye and simply block out such things."
Memphis Depay to leave Atletico Madrid as a free agent
Memphis Depay has confirmed he is leaving Atletico Madrid after 18 months at the Civitas Metropolitano.
Depay joined Atleti in a €4million deal last January after struggling to make an impression at Barcelona, initially signing a two-and-a-half-year contract.
However, the Netherlands international – who has been named in Ronald Koeman's squad for Euro 2024 – has now agreed to part ways with the club 12 months early.
Depay scored nine goals in 31 league appearances throughout his time with Atleti, though the form of Alvaro Morata and Antoine Griezmann limited him to just 12 starts.
In a post to X, the attacker hinted the parting was not entirely amicable, writing: "It's not easy to say how I feel about writing this message because I feel that things could’ve been very different.
"Maybe it's better to keep that conversation for another time…
"To Atleti, my team-mates, the staff and especially the fans, I want to thank you for the energy and support I've experienced in my time being an Atleti player.
"I keep the good memories close to my heart. Gracias."
SportsMax is the Caribbean sports channel of choice, committed to providing sporting content of the highest quality to the Caribbean, delivered by a team of highly innovative, passionate and qualified professionals.
(876) 619-7629
digitalmedia@sportsmax.tv
