So here we are, the new financial year.
Piecing together the losses of the past few seasons;
2018/19: -£112m
2019/20: -£140m
2020/21: -£120m
2021/22: -£44.7m
2022/23: Profit??? (from Gordon and Kean sales)
Now I don’t really understand finance or FFP like some of the half evertonian/half accountant types that seem to be around, but I’d take that to mean we’ve already dropped the -£112m loss, and as of today the -£140m loss will drop off too which is the biggest of all.
Now if we’re allowed losses of -£105m over 3 seasons, we might be just about at that mark taking into account the two years of losses and the profits(???) from last year.
So it looks like this year we basically need to continue cutting the top earners, sell to buy, stay in the league any which way, and then next year we’d actually have some decent wiggle room to spend more than a fiver. Open to correction if I’m reading that wrong.