Everton are finally set to receive some good news as Burnley, Leeds United and Southampton plan to withdraw their case to sue the Toffees.
WHAT HAPPENED?
According to the Daily Mail, the recently relegated trio are set to seek a negotiated settlement instead of suing the club, after Everton were deducted 10 points following Financial Fair Play (FFP) breaches.
THE BIGGER PICTURE
Everton were previously at risk of being handed a further nine point deduction, which put them at risk of being plunged into administration, after the three clubs looked for £300million ($374m) in compensation.
DID YOU KNOW?
The 10-point deduction for the Toffees is the most serve punishment in the history of the top flight of English football, with the club now sitting in 19th place following the penalty and 3-0 defeat to Manchester United. Fans used the game as an opportunity to protest heavily against the deduction and treatment by the Premier League.
WHAT NEXT FOR EVERTON?
Despite the heavy deduction, Everton remain hopeful of their chances of survival, with the club just five points away from Luton Town in 17th. Sean Dyche and his side are now preparing for a tough trip to Nottingham Forest, who have only lost one game at the City Ground this season.