Everton have announced a record turnover of £75.7m and a slight pre-tax profit. Revenues for financial year ended 31st May increased 47% compared with previous 12 months. Before player trading they made a profit of £6.8m compared with a loss of £500.000 the year before. Transfer dealings, however, almost wipe out the surplus with a pre-tax profit of £260,000. Last year the club lost £9.4m.
Everton have announced a record turnover of £75.7m and a slight pre-tax profit. Revenues for financial year ended 31st May increased 47% compared with previous 12 months. Before player trading they made a profit of £6.8m compared with a loss of £500.000 the year before. Transfer dealings, however, almost wipe out the surplus with a pre-tax profit of £260,000. Last year the club lost £9.4m.