Everton has announced a financial loss of £53m for the previous season, marking the seventh consecutive year of deficits. Despite the figure being lower than the £89m loss recorded in 2022-23, the club’s cumulative losses over this period now stand at £570m.
The club faced an eight-point deduction last season due to breaches of the Premier League’s profit and sustainability regulations (PSR). These infractions were linked to financial periods including the 2021-22 and 2022-23 seasons. However, the Premier League confirmed in January that no clubs had been penalized for breaches in 2023-24, with Everton also avoiding further sanctions related to a prior charge. Under PSR guidelines, teams must keep losses within a £105m limit over three years to avoid repercussions.
Everton remains focused on its future, with the club set to relocate to a newly constructed 52,888-seat stadium at Bramley-Moore Dock. The venue is expected to be ready for the 2025-26 season, with investment in the project rising to £313m from the previous year’s £211m.
In terms of financial inflows, the club generated £50m from player transfers, including the departures of Ben Godfrey to Atalanta for £10m and Lewis Dobbin to Aston Villa for a reported £9m. Everton’s overall revenue increased by £15m, reaching £187m, while the wage-to-turnover ratio saw a reduction from 89% to 81%.
December saw a major shift in ownership, with the Texas-based Friedkin Group completing a £400m acquisition of the club, bringing an end to Farhad Moshiri’s leadership. As part of the takeover, the group refinanced Everton’s debt under improved terms, including a £350m loan linked to the stadium project. Additionally, Moshiri’s interest-free loans were converted into equity.
On the pitch, Everton made a managerial change in January, replacing Sean Dyche with former head coach David Moyes. The club has since maintained an unbeaten run of nine league matches, currently positioned 15th in the table and holding a 17-point lead over the relegation zone.
