Financial Forecast: Massive loss expected to leave Everton feeling blue
9 September 2019
As part of our business analysis initiatives at Off The Pitch, we have analysed the major happenings in the recently closed 2018/19 financial year for all Premier League clubs.
Here are Everton's 2018/19 finances predicted.
Looking at the recently closed financial year of 2018/19, it’s almost inevitable that Everton will report another financial loss. This year, however, on a much bigger scale than the £13 million reported pre-tax loss of 2017/18.
The annual accounts of 2017/18 were released in March, revealing a rather turbulent year for Everton. The club recorded an all-time-high turnover of £189 million (2017: £171 million), yet had their pre-tax profit of £31 million in 2016/17 replaced by a loss of £13 million in 2017/18.
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