Soccer-Everton post $112 million loss for 2022-23 season
The Star Online - Sport·2024-04-01 14:00
(Reuters) - Everton posted a loss of 89.1 million pounds ($112.52 million) for the 2022-23 season on Sunday, 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 on Sunday, 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.
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