Everton report losses for seventh season in row

Last season, Everton reported losses of £53 million.

The club has lost a total of £570 million in its seventh straight year, which is lower than the £89 million deficit from 2022-23.

Everton were given eight points last season for two separate Premier League profit and sustainability violations, including those involving the 2021-22 and 2022-23 seasons, for which they were responsible.

After all clubs were determined to be financially compliant, the Premier League announced in January that it had not yet charged any clubs for violations in the years 2023-2020.

Everton was later informed that an outstanding PSR charge related to an earlier PSR charge would not lead to further action.

Clubs can lose up to £105 million over the course of three years, subject to PSR regulations, before facing sanctions.

Everton’s losses over the past three seasons total £187 million, but expenses incurred as a result of investments in infrastructure and youth and women’s teams can be taken into account when calculating PSR losses.

In time for the 2025-26 season, Everton are expected to relocate to a new 52, 888-capacity stadium at Bramley-Moore Dock this summer.

Everton also provided the following:

The group refinanced the club’s debt, including the £ 350m debt on the new stadium, to more favorable terms.

Additionally, Moshiri’s interest-free shareholder loans have been converted into equity.

In January, Everton fired manager Sean Dyche and installed former manager David Moyes in his place.