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Financial Warning Shot


Financial Warning Shot
Depending a lot on the financial situation because Financial Fair Play is there. You have to follow these rules but we have to bring what we need.”
We have to be ambitious but at the same time, we have to manage the situation. We maybe have some players that have to leave.”
If they leave, it will give us more chances to approach other players and improve the squad.
Everybody knows that this club has spent a lot of money in the last few years so that means that Financial Fair Play is there, so you have to respect the rules and you have to manage in the best way possible.” ....

Dumfries And Galloway , United Kingdom , United States , West Ham , City Of , United Kingdom General , Telford And Wrekin , Brighton And Hove , Mike Doyle , Keith Birkenshaw , Anthony Gordon , Reece James , Paul Tait , Alex Ferguson , David Pearl , Alex Denny , Chris Williams , Surrey Hants , Kyle John , Jimmy Greaves , Barry Hesketh , Dennis Stevens , Antonee Robinson , Michael Keane , Lewis Dobbin , Harry Tyrer ,

Record losses, partly attributed to Covid, Moshiri's funding plans & stadium finance update


Record losses, partly attributed to Covid, Moshiri’s funding plans & stadium finance update
An assessment of Everton s accounts for 2019-20
Record losses, partly attributed to Covid, Moshiri’s funding plans & stadium finance update
There are two headlines from today’s release of the report and accounts to June 30 2020. One is a record loss of £139.9 million of which the club attribute £67.3 million directly to the impact of Covid-19. However, that fails to acknowledge underlying losses of £72.6 million resulting from expenditure remaining much higher than income.
The second item of note is the continued financial support from Farhad Moshiri, £350 million up to the end of the accounting period, a further £50 million in November 2020, and a commitment to further fund the club through a placement of new shares, more of which below ....

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