Everton have announced a £53 million loss for the 2023-24 season, marking their seventh consecutive year of financial deficits, which now total £570 million.
Although the latest figure is an improvement on the £89 million loss recorded in 2022-23, the club continues to face scrutiny over its finances.
Last season, Everton were deducted eight points for two separate breaches of the Premier League’s Profit and Sustainability Rules (PSR), covering the rolling three-year periods up to 2022-23. However, the Premier League confirmed in January that no clubs breached financial rules in 2023-24, meaning Everton will not face further sanctions regarding an outstanding PSR charge.
Under PSR regulations, clubs can lose a maximum of £105 million over three years before facing penalties. While Everton’s reported losses over the past three seasons total £187 million, certain costs—such as infrastructure investments and funding for youth and women's teams—can be deducted when calculating PSR compliance.
Everton are preparing to move into their new 52,888-capacity stadium at Bramley-Moore Dock ahead of the 2025-26 season. The club’s financial report also revealed:
In December, the Texas-based Friedkin Group completed a £400 million takeover of Everton, ending Farhad Moshiri’s turbulent eight-year tenure. The new owners have refinanced the club’s debt on more competitive terms, including £350 million tied to the stadium project. Additionally, Moshiri’s interest-free shareholder loans have been converted into equity.
On the pitch, Everton made a managerial change in January, sacking Sean Dyche and appointing former boss David Moyes. Since Moyes' return, the Toffees have remained unbeaten in nine Premier League matches and currently sit 15th in the table, 17 points clear of the relegation zone.
