Everton will face no further action from the Premier League after resolving all outstanding Profit and Sustainability Rules charges levelled against them.

Everton have avoided any further punishment over alleged financial fair play breaches after the Premier League discontinued its investigation into a final charge. Last year the Toffees became the first side in Premier League history to be deducted points – eight in total after appeals – for breaking Profit and Sustainability Rules (PSR).

Everton and the Premier League have released a joint statement confirming that the Toffees are in the clear regarding PSR and will not face a points deduction this season.

A joint statement released by the club and the Premier League said: “The outstanding element of the complaint against Everton Football Club for its breach of the Premier League’s Profitability and Sustainability Rules for the period ending season 2022/23 has been discontinued meaning that the club will face no further action.

The Club and the League agree that this brings to an end all proceedings between the League and the Club in relation to the Club’s breaches of the PSR for the financial years ending 30 June 2022 and 30 June 2023. The Commission’s Consent Award, recording the terms on which the second part of the case has been discontinued, can be found here.

David Moyes' return to Everton was ruined by Ollie Watkins' second-half winning goal for Aston Villa in the Premier League. Manager Moyes was taking charge of the Toffees after replacing Sean Dyche, who was sacked last week, but there was little joy for the Scot almost 12 years after leaving the club for Manchester United.

A familiar face returns to the home dugout at Goodison Park today as David Moyes begins his second stint in charge of Everton with a tough home EPL fixture against Aston Villa. Moyes was confirmed as Sean Dyche's replacement last week,

The Premier League is not pursing an outstanding profitability and sustainability rule (PSR) dispute with Everton, it has been confirmed A lingering PSR dispute had remained for Everton over the club’s 2022-23 accounts.

Everton will face no further action from Premier League over an outstanding issue relating to a breach of its financial rules.