Everton Publishes 2024/25 Annual Report And Accounts

Everton Football Club has today released its Annual Report and Accounts for the 2024/25 season, recording a Club-record turnover of £196.7m, an increase of £9.8m on the previous year, and a significantly reduced loss of £8.6m for the financial period. The results for the period ending 30 June 2025 demonstrate substantial financial progress, with losses reduced from £53.2m in 2023/24, reflecting a year of stabilisation, growth and structural reset for the Club. CLICK HERE FOR 2024/25 ANNUAL REPORT AND ACCOUNTS Key Financial Highlights: Record Revenue: Turnover increased to £196.7m, driven by continued growth across commercial and matchday income streams. Commercial Growth: Sponsorship, advertising and merchandising revenue rose to £24.3m (+£2.7m), supported by new and renewed partnerships including Red Bull, Nemiroff and Corpay. Other Commercial Revenue: Increased to £22.9m (+£5.9m), driven by strong supporter engagement, including Everton Way stones, commemorative Goodison Park items and growth in memberships. Broadcast Revenue: Remained stable at £129.2m. While the Club featured in fewer live domestic broadcasts, this was offset by improved merit payments and increased international TV revenue. Matchday Revenue: Gate receipts increased to £20.3m (+£1.2m), reflecting continued strong attendances for the final season of senior men’s football at Goodison Park across Premier League fixtures and domestic cup competitions. Operating Performance: The Club recorded an operating profit (pre player trading) of £28.3m, compared to a £28.1m loss in the previous year. Overall Loss: Reduced to £8.6m (from £53.2m), reflecting improved underlying performance and a £49.2m profit recognised from the transaction involving Everton Women and Goodison Park Stadium entities. Stadium Investment: The Club continued to invest in the development of Hill Dickinson Stadium, incurring capital costs of £114.3m during the period, bringing total project spend to £813m. Operating Costs: Operating costs (excluding player trading and exceptional items) increased to £210.5m, reflecting a £11.5m rise in operating expenses, partially offset by reductions in staff costs and depreciation. Wage-to-Turnover Ratio: Improved from 81% to 74% (taking into consideration outsourcing of retail and catering operations), demonstrating continued progress towards financial sustainability while maintaining a competitive squad. Player Trading: The Club generated £31.3m in profit from player trading, while continuing to invest £52.4m into squad development. Building Financial Strength for the Future As part of, and following, the period end, Everton has continued to undergo a comprehensive financial reset aligned with the transition in ownership to Roundhouse Capital Holdings Limited, part of The Friedkin Group. This has included the repayment of existing borrowings, the conversion of £450.7m of shareholder loans into equity, and the introduction of a new revolving credit facility to support working capital requirements. In addition, the Club secured a £350m long-term stadium financing package, repayable over 30 years, providing a stable platform to support the next phase of growth. The impact of this refinancing with JP Morgan Chase is a significant reduction in debt levels and a strengthened balance sheet, with net assets increasing to £393.3m (£168.5m in 2023/24). Stadium Transition and Cost Base As the Club’s Men’s team transitioned from Goodison Park to Hill Dickinson Stadium, there has been a step-change in operating costs. Stadium operating costs have nearly doubled, with increases driven primarily by maintenance, utilities (including rates), safety requirements and additional staffing. Angus Kinnear, Everton’s Chief Executive Officer, said: “Over the course of the financial year, and particularly following the change in ownership, the Club made significant progress in stabilising the financial position and creating a platform for long-term growth. “The delivery of Hill Dickinson Stadium has been central to that progress. It represents a transformational opportunity for the Club, our supporters and the wider city, and will play a key role in driving future revenues. Growing our revenues is essential if we are to support our ambitions on the pitch and compete consistently at the highest level. “While these results show improvement, we know there is more work to do. With a strengthened financial foundation, committed ownership and a clear strategic direction, we are focused on continuing to grow sustainably and building a competitive future for Everton Football Club.”