Everton Football Club may be at risk of losing points after the release of their financial accounts for the 2021/22 season. The club announced losses of £44.7m, which, when combined with their previous losses, total £400m over the past four years.
The Premier League’s Financial Fair Play (FFP) regulations permit clubs to record a maximum of £105m in losses over a three-year period, putting Everton at risk of a severe penalty.
To support the club, the majority shareholder, Farhad Moshiri, announced an injection of approximately £70m from his personal funds. However, the combined losses between 2019 and 2022 still amount to £305.5m, £200m over the limit.
The club had previously cited mitigating factors such as building their new stadium and the economic impact of Covid-19 for their losses. An independent commission will determine if Everton broke the FFP rules