Everton have recorded a loss of €63.4m in the 2023/24 season, their seventh consecutive year of financial losses, the club announced recently (Monday 31/3). However, they will avoid any breaches of the league’s profitability and sustainability regulations.

Despite the improvement on the £89.1m (€100,640,000) deficit recorded the previous year, the club’s total losses over the past seven years amount to £570m (€681m).

Last season, Everton were penalised with an 8-point deduction for two separate breaches of the PSR regulations, which covered rolling three-year periods, including the 2021/22 and 2022/23 seasons.

In January, the league confirmed that all clubs, including Everton, had complied with the financial rules for the 2023/24 season, and no additional sanctions would be imposed.

Maximum loss - new stadium

Under the PSR regulations, teams are allowed to record a maximum loss of £105m (€125.46m) over a three-year period.

Everton's three-year losses total £187m (€223m), but exemptions for infrastructure investment, youth development and women's football have helped the club stay within the allowed limits.

Everton this month agreed a long-term financing plan for its new 52,888-seat stadium, securing £350m in funding to refinance existing borrowing for the project. The club is due to move into the new stadium in time for the 2025/26 season.