Everton losses double to £89m as financial issues deepen ahead of second profit and sustainability charge
The IndependentSign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The release of the accounts, which also show heavy investment in the club’s new stadium, does not make pretty reading at a time when their finances are under scrutiny. The Toffees are due to find out before 8 April the verdict of a second charge of breaching the Premier League’s profitability and sustainability rules, with a further points deduction a possibility in addition to the six they have already lost for breaches related to the 2021-22 season. Under-fire majority shareholder Farhad Moshiri said earlier this week that he remains confident the protracted takeover of the club by 777 Partners will be completed soon.