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Everton record a loss of £121MILLION in latest annual figures taking their three-year deficit to more than £300m... with the Toffees reliant on owner Farhad Moshiri as they press ahead with £500m new stadium

The full extent of Everton's dependency on Farhad Moshiri backing has been illustrated again as they posted a loss of £120.9million in their latest annual accounts.

It takes the figure of losses for the last three financial years to £372.6m - it was £111.8m in 2019, £139.9m 12 months later - and Everton estimate the impact of the pandemic has cost them around £170m.

A consequence of the pandemic means Everton were only able to recoup £200,000 in gate receipts last season - three Premier League fixtures, played in front of limited crowds, plus a Carabao Cup quarter-final - while their additional Covid-19 costs for playing protocols.