Exclusive: Everton stand to lose potential £15m in huge blow

Exclusive: Everton stand to lose potential £15m in huge blow

Wayne Veysey

Founder & Managing Director AUTHORITY Former chief correspondent at Evening Standard, Goal and Press Association with nearly three decades in national, regional and digital news and sports journalism. Wayne directs the network’s news strategy and high-level operations. FOCUS Editorial direction for the 11-site network and newsroom management. THE BRIEF Wayne oversees the network’s editorial standards across the network. He provides the final sign-off on all headline scoops, ensuring content across all platforms meets the standards required for a high-velocity newsroom.

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Everton stand to lose £15million in matchday income if the entirety of next season is played behind closed doors, Football Insider can reveal.

That bleak possibility is regarded by Premier League club chiefs as a growing possibility amid fears games can't be played in front of fans until there is a vaccine available for Covid-19.

That would put a further big dent in Everton's already precarious finances.

Analysis by Football Insider has shown that the Merseysiders would lose around £15m from loss of gate receipts if matches are played behind closed doors throughout 2020-21.

Everton must prepare to plug a huge black hole in their finances, although it is some way off the 'big six'.

Each of Liverpool, Arsenal, Tottenham, Chelsea and the two Manchester club earned between £55m and £110m from matchday revenues last season.

Everton's accounts show they earned £14m from from home games in 2018-19, compared to £16m in the previous campaign when they were in the Europa League.

It comes at a time when the Merseysiders' losses are being underwritten by owner and majority shareholder Farhad Moshiri.

The club announced a whopping £112m loss in their most recent set of financial results, the fourth biggest in Premier League history.

The Merseysiders have reported steep losses four times in the last five seasons, with the sole exception being a £31m profit in 2017.

In 14 years since 2005, the club has only been profitable on four occasions times.

www.footballinsider247.com