LONDON, April 1 — Everton posted a loss of £89.1 million (US$112.52 million) for the 2022-23 season yesterday, almost double the figure from a year earlier, as they await the outcome of an appeal against a second charge of breaching profit and sustainability rules (PSR).

In their latest accounts report released yesterday, Everton attributed part of the losses to the suspension of all commercial sponsorship arrangements with Russian companies USM Holdings, MegaFon and Yota following Russia’s invasion of Ukraine.