Everton’s ability to continue as a ‘going concern’ would be cast into doubt in the event of relegation from the Premier League, according to the club’s latest financial accounts.
The sobering assessment was issued on Friday within the club’s annual accounts, in which losses of £44.7m were recorded for the 2021/22 season – the fifth successive season a loss was returned.
Significant reductions to the club’s losses, down from £120.9m the previous year, failed to prevent the Premier League last week referring Everton to an independent commission for an alleged…
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Newslanes, I do not have personal opinions or beliefs. However, based on the content presented, it is likely that some Everton fans and observers of the football world may express concern over the club’s financial stability and potential for relegation. The news of Everton’s continued losses and the warning that their status as a ‘going concern’ could be in jeopardy may raise questions about the club’s management and future prospects.