Everton have this evening released their accounts for the 2021/22 season - with news of a fresh £70m move from Farhad Moshiri.
The Blues’ accounts show that the club recorded a turnover of £181m and a reported statutory loss of £44.7m. That figure represents a £76m reduction on the loss of £121.3m for 2020/21.
Total commercial revenue from sponsorship, advertising and merchandising and other commercial activities grew by £3.8m to £50.4m, while it was also revealed how much majority shareholder Moshiri invested into the club during the campaign.
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According to the accounts, Mr Moshiri provided a further £70m of financial support to the club during the season. The investment was apparently used to fund the new stadium development and for operational cash flow requirements.
Club sources have described this money as 'shareholder investment' - and told the ECHO it would be up to Mr Moshiri whether it is repaid to him further down the line.
The future of Everton has been the subject of intense speculation since the end of last season and has continued into this campaign. But despite claims in the national press at the start of January that the club was up for sale, Mr Moshiri once again confirmed to the Liverpool ECHO that it is not. However, the ECHO understands that New York-based investment fund MSP Sports Capital is edging closer to a minority stake in the club.
MSP have been in discussions with Everton over acquiring a stake in the club for several weeks with billionaire co-founders Jahm Najafi and Jeff Moorad, along with vice president Peter Taylor, in attendance for the home defeat against Southampton back in January.
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