April 1, 2025 - 04:32
Everton Football Club has reported a significant financial loss for the seventh consecutive year, although the latest figures indicate a slight improvement from the previous year's deficit of £89.1 million. Over the past seven years, the club's cumulative losses have reached a staggering £570 million, raising concerns about its long-term financial sustainability.
The situation worsened last season when Everton faced an eight-point deduction due to breaches of the Premier League's Profit and Sustainability Regulations (PSR) for the rolling three-year periods, specifically affecting the 2021-22 and 2022-23 campaigns. This penalty added to the club's woes, impacting their performance in the league.
However, in January, the Premier League announced that all clubs, including Everton, had met financial compliance for the 2023-24 season, which means no further charges will be imposed at this time. The club's management will need to navigate these challenges carefully to ensure a more stable financial future.
