Everton insist charge will have no impact on new stadium’s funding or completion

29.03.2023 - 18:13 breakingnews.ie

Everton insist the club’s charge for an alleged breach of profit and sustainability rules will have no impact on the funding or completion of their new Bramley-Moore Dock stadium.

On Friday, the Premier League referred the club to an independent commission which will rule on whether three-year losses of £371.8million, above the £105m permitted, breached financial regulations.

The club have said they will “robustly defend its position”, having worked closely with the Premier League over the last couple of seasons.

This week, Everton are set to publish their accounts for last season and the PA news agency understands they will show significantly lower losses than the £121m for the 2020-21 campaign, a season hugely impacted by the coronavirus pandemic.

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