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BBC · Mar 29, 2022

Everton in 'secure financial position' despite £121m losses

Everton majority shareholder Farhad Moshiri and chairman Bill Kenwright have faced criticism from fans this season for the way they run the club, which led to the sacking of Rafael BenitezEverton "remain in a secure financial position" thanks to owner Farhad Moshiri despite posting losses of more than £110m for a third straight season.

The Premier League club, who are just three points above the relegation zone, registered losses of £120.9m for the 2020-21 season.

However, £103m of that figure is attributed to the impact of Covid-19.

That comes after previous losses of £111.8m and £139.8m for the two previous seasons.

Full story at BBC

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