Everton report financial loss for fifth successive year

SINGING THE BLUES: Everton made a loss for the fifth successive season (Mike Egerton/PA)
Everton returned a loss for the fifth successive year with the £44.7million deficit reported for the 2020-21 season taking their cumulative losses to more than £430million over the period.
The long-awaited publication of the club’s accounts on Friday revealed the club had succeeded in making significant reductions to their losses, down £76.2m from £120.9m the previous year, and wages-to-turnover ratio.