Everton have reported another huge loss of £45m for the financial year 2021-22, in their annual accounts released on Friday.
And that figure has put them over the limit set by the Premier League for their strict Profit and Sustainability regulations, which allows them a combined loss of £105m over a period of three years. The rules actually stretch over the past four years, with the two Covid-affected seasons combined and averaged out, leaving Everton to record losses of £295m for the period in question.
The club though, will argue that losses directly related to the pandemic have reached around £190m…which would leave them creeping in under the Profit and Sustainability limit.
