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Liverpool Echo
Liverpool Echo
Sport
Adam Jones

Everton remain confident despite legal action claims over £373m losses

Everton remain confident over their most recent accounts despite claims that other sides in the Premier League could be ready to sue them. The Blues released their numbers for the year ending June 30th 2021 last week, revealing losses of just under £121m.

Top line figures show, over the last three years, Everton have lost around £373m. However, the impact of the coronavirus pandemic has made a huge impact with £170m of those losses in the last two years being placed down to it.

Late on Monday night, a report from the Daily Mail emerged claiming other sides in the top division were prepared to potentially sue the Blues for their accounts. The Premier League's 'Profit and Sustainability' rules allow sides to lost £105m over the course of a three-year period - with investment in stadiums, women's football and community projects counted as "add-backs" and not included in the calculations.

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