Young, the former Manchester United forward, went down under the challenge of Harry Maguire and Matthijs de Ligt, after Andre Onana had palmed the ball back into play from an Everton shot.
And a statement from the Premier League Match Centre confirmed: “VAR checked the referee’s call of penalty to Everton for a challenge by Maguire on Young and deemed that no foul had been committed and recommended an on-field review.
The Premier League has explained why Everton saw a last-gasp penalty overturned during their dramatic 2-2 draw against Manchester United.
The statement did not mention De Ligt, however, with replays showing the Dutch defender was closer to Young and made contact with him as he went down in the box.
Manchester United manager Ruben Amorim said it would have been a “soft” penalty and believed the right decision was made.