Join Ian Croll, Chris Beesley and Joe Thomas as they react to today’s breaking news. 
The 10-point penalty handed to Everton for breaching Premier League spending rules has been reduced on appeal.
A specially-convened panel, which heard arguments over the case earlier this year, has lessened the sanction by four points.
That decision offers an immediate boost to a club that has been engulfed in off-the-pitch controversy since being sanctioned in November.
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