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Everton: Pete O’Rourke says financial losses are a ‘real concern’

Everton: Pete O’Rourke says financial losses are a ‘real concern’ -Everton News

Journalist Pete O’Rourke has claimed that Everton’s recent financial figures are now a ‘real concern’.

The Lowdown: Figures published

The Merseyside club have now published their official accounts for the 2020/21 season on their website, which shows a total loss of £120.9m.

This is the third year in a row that they have published losses of over £110m, and given the problems that they have had with Financial Fair Play (FFP), in addition to the real possibility of being relegated from the Premier League at the end of the season, the next few years certainly look bleak if you are a Toffees fan.

The Latest: O’Rourke reacts

Speaking to The Transfer Tavern, O’Rourke has now given his reaction to the news, claiming that the latest figures published are a ‘real concern’:

“It’s a real concern for Everton recording these heavy losses again, £120m this year, I think it was £111m the year before and £139m the previous season before that, as well.”

Should Everton have hired Lampard?





The Verdict: Worrying

These are certainly worrying times for the Goodison Park faithful, who need to concentrate on matters on the pitch, starting with their game away at West Ham United on Sunday afternoon, but may be distracted by the latest accounts.

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Only the biggest Everton fan will get 100% on this transfer quiz, test your friends and family! First up, who was Don Hutchinson sold to?

If Frank Lampard’s team do go down to the Championship, it would be nothing short of disastrous, given the financial assurances that the top flight has to offer.

Nonetheless, if the Blues can stay up, they can at least look at becoming more financially stable for the next couple of seasons, with the long-term view of wiping out their losses.

In other news, find out what big EFC injury update has now emerged here!

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