Everton believe they have comfortable headroom regarding the Premier League's profit and sustainability regulations after the club published their latest set of accounts on Tuesday. The Blues recorded a loss of £120.9m for the year ending 30th June 2021.
However, despite another year with a daunting figure in terms of headline losses, Everton have been in constant and pro-active discussions with the Premier League for a significant amount of time over their finances. The club, therefore, are very confident that they not only fall below the £105m threshold over the last three seasons, but that they have significant headroom - although an official figure would not be confirmed in this sense.
The Premier League offer numerous "add-backs" as part of their regulations, including measures taking into account the impact of Covid-19 over the course of the last few years. Losses of at least £170m, potentially rising to £220m, can be attributed to the pandemic in Everton's case over the course of the last two years - with £103m of that in the financial year ending in 2021.
