Everton recorded a loss of just under £121m for the 2020/21 season, the club has revealed.
Its latest set of accounts laid bare the devastating impact of Coronavirus during a campaign in which Goodison Park hosted fans just four times. A “significant contraction” in the transfer market was also blamed for the figures.
A record turnover was posted against the backdrop of the pandemic, however. And club bosses today sought to reassure supporters that Everton remains “in a secure financial position”.