Football Finance

The proposed takeover of Everton has moved into added time after the bidder 777 Partners was granted a last-minute extension to repay a £160m loan

April 2 – More pressure has been heaped on English Premier League club Everton after they reported losses of £89.1 million for the 2022-23 season in their latest accounts report, almost double the previous figure of £44.7 million in the previous campaign.
The club were docked 10 points earlier this season, reduced on appeal to six, for breaching the Premier League’s financial rules and are waiting to learn if they will face more punishment for further breaches.

Everton takeover special report by Joe Thomas looking into 777, their finances and what could come next

January 16 – Already reeling from a 10-point deduction, Everton, one of the most iconic names in English football, could be facing another costly punishment for breaking the Premier League’s financial rules.
They and Nottingham Forest have been charged by the Premier League for a breach of their profitability and sustainability rules (PSR) – the equivalent of financial fair play – relating to the 2022-23 season.

Everton has announced that it will play its first competitive fixtures at its new stadium at the start o

Exclusive: Questions mount over ties between Farhad Moshiri and tycoon, before he was put under sanctions

June 14 – Everton have reacted to another dismal season by announcing that CEO Denise Barrett-Baxendale and fellow directors Grant Ingles and Graeme Sharp a goalscoring club hero in the 1980s – have all left.
The relationship between the board and the fans had become so toxic in the latter part of the season that the directors and chairman Bill Kenwright were advised by police to stay away from home matches because of fears for their safety.

By David Owen
April 3 – The sales of World Cup star Richarlison and Lucas Digne have enabled Everton to report a reduced loss of £44.7 million for the 2021-22 season. This follows three consecutive years of £100 million-plus losses at the pre-tax level.

Club’s bankers continue search for funds to complete £500m stadium after almost three years of trying

Everton majority shareholder Farhad Moshiri has officially shut down any takeover talk through an email to fans shared by Paul Joyce.

Premier League side Everton are criticised after announcing a club-record multi-year partnership with a casino and sports betting platform.

Everton "remain in a secure financial position" thanks to owner Farhad Moshiri despite posting losses of more than £110m for a third season.

The Premier League club’s owner is a longtime business associate of sanctioned billionaire Alisher Usmanov.

April 8 – Everton have been deducted two points for a second breach of the English Premier League’s financial rules, plunging the club back towards the relegation zone with seven games remaining.
Everton had already received a six-point deduction – reduced from an initial 10 following an appeal – for overspending in a three-year spell up to the end of the 2021-22 season.

777 Partners are still waiting on approval from the Premier League to purchase Everton from Farhad Moshiri

Everton's potential new owner 777 Partners is facing another lawsuit after an investor started legal proceedings citing damages of more than $30million (£23.6m).

Everton receive an immediate 10-point deduction after being found to have breached the Premier League's profit and sustainability rules.

Everton takeover to go ahead with 777 Partners set to buy all of Farhad Moshiri's shares

Carlo Ancelotti, the Real Madrid coach and former manager of Everton, is suing the Premier League club in London’s high court

Everton are working with other Premier League clubs to launch a digital away ticket trial

Everton has added aesthetics specialists Vera Clinic to its ever-increasing portfolio of international partners. As part of the multi-year link-up, branding for Vera Clinic, who will become Everton’s first Official Hair Transplant Partner, will be visible around Goodison Park on a matchday and across the Club’s digital channels and marketing materials.

A takeover consortium led by Peter Kenyon has reportedly been given a period of exclusivity to undertake due diligence on Everton

Leeds and Burnley threaten legal action against Everton and the Premier League over the handling of the club's finances.

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