LIVERPOOL: Everton's financial results for the 2021/22 season revealed a £44.7 million (US$55.2 million) loss on Friday (Mar 31) with the club already under scrutiny for alleged breaches of financial rules. The Merseyside club were referred by the Premier League last week to an independent commission of t
LIVERPOOL: Everton's financial results for the 2021/22 season revealed a £44.7 million loss on Friday with the club already under scrutiny for alleged breaches of financial rules.
The regulations allow clubs to lose a maximum £105 million over a three-year period or face penalties, which can include points deductions. The Toffees' 69-year stay in the top division is again at risk this season as they sit just two points above the relegation zone. Everton did at least manage to cut losses by £76 million last season, aided by the sale of Brazilian international Richarlison to Tottenham for £60 million.
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