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Big losses at Everton

Everton have published their annual accounts and they place Covid in centre stage in terms of explaining losses: https://www.evertonfc.com/news/2554039 

Revenue was £193m up 4%; wages £183m up 11%; operating loss £103m 13%; player sale profits £13m down £27m.  Accumulated losses over time £447m.  (Reports Kieran Maguire of the PriceofFootball).

Main income source is broadcast which was up £48m because 44 games played in year to 30 June 2021 compared to 32 in 2020.   Commercial revenue down nearly £30m as in 2020 the Usmanov backed naming rights option for the stadium boosted figures for Everton.

The main expense is player related. Wages continue to rise, up almost £100m in the Moshiri era. Everton is the 2nd biggest payer of the 'Other 14' clubs. Wages were £98 for every £100 of income, highest in the Premier League.

Everton player sales are modest by EPL standards.  Everton bought players for £81m and had sales of £16m (of players who originally cost £129m) in the year ended 30 June 2021. Total squad cost £451m at 30 June 2021, 7th highest in the Premier League.


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