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    Everton 22/23 season accounts predict £43 million loss

    Posted by Everton update on 30/11/2023, 21:55:31

    They could get another points fine this season, the accounts need to be in by jan2024.

    https://www.goodisonnews.com/2023/11/30/43million-everton-losses-predicted-for-next-accounts-as-threat-further-profit-and-sustainability-charge-looms/

      Re: Everton 22/23 season accounts predict £43 million loss

      Posted by Desperate Dan on 30/11/2023, 22:55:31, in reply to "Everton 22/23 season accounts predict £43 million loss"

      Everton will go "pop" if they are relegated.

        Re: Everton 22/23 season accounts predict £43 million loss

        Posted by Godders on 30/11/2023, 21:59:36, in reply to "Everton 22/23 season accounts predict £43 million loss"

        I can't believe Everton are the only ones guilty of this.

          Re: Everton 22/23 season accounts predict £43 million loss

          Posted by Bank manager on 1/12/2023, 10:56:34, in reply to "Re: Everton 22/23 season accounts predict £43 million loss"

          I'm sure I read that Man U are a little short of £1bn in debt.
          If that's true I have no idea how the system works in a fair and even way

          Re: Everton 22/23 season accounts predict £43 million loss

          Posted by Crunching on 1/12/2023, 7:42:14, in reply to "Re: Everton 22/23 season accounts predict £43 million loss"

          Norwich are £96 million in debt.

            Re: Everton 22/23 season accounts predict £43 million loss

            Posted by Yeah on 30/11/2023, 22:16:07, in reply to "Re: Everton 22/23 season accounts predict £43 million loss"

            Correct. We also post loses every year.

            Re: Everton 22/23 season accounts predict £43 million loss

            Posted by Help on 30/11/2023, 22:13:00, in reply to "Re: Everton 22/23 season accounts predict £43 million loss"


            Chelski spent £1 billion plus since the takeover, but seem exempt. Newcastle, manure , and more have spent lots.

              Re: Everton 22/23 season accounts predict £43 million loss

              Posted by Godders on 30/11/2023, 22:23:01, in reply to "Re: Everton 22/23 season accounts predict £43 million loss"

              Spending huge sums doesn't necessarily mean they've broken the profit and sustainability rules though as it depends on sales and other assets too I think. My question wasn't as daft as it might initially appear.

                Re: Everton 22/23 season accounts predict £43 million loss

                Posted by Toddingtonsteve on 30/11/2023, 22:22:07, in reply to "Re: Everton 22/23 season accounts predict £43 million loss"

                Chelsea have given out very long term contracts so the amortisation rules at the time mean they can squeak in (with a couple of fire sales e.g. Mount). Trouble is, these players get injured, become crap or just canít be assed they have a problem.

                  Re: Everton 22/23 season accounts predict £43 million loss

                  Posted by MkHat on 30/11/2023, 23:18:12, in reply to "Re: Everton 22/23 season accounts predict £43 million loss"

                  Chelski have gambled massively and it's a massive experiment. Any fool knows that of the hundreds of young players tipped to make it very few do.

                  I can't fathom the calls for unfairness either for a club who clearly spent over the cap. It's there for a reason to allow something of a level playing field. I can't even see what the defence is than we didn't have a rich billionaire or a nation state to bail us out. I actually can't believe they are doing anymore than breaking even now as the squad they have must be on decent contracts. Burnley went down with no money saved as year on year they spend all the PL money. The only way these clubs get saved is if the brand is big enough that the value has risen and someone wants to step in and buy them. Doubt that's the new owners they are getting.

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