
English Premier League (EPL) soccer stalwarts Everton and Tottenham Hotspur recorded pre-tax losses of £53 million ($68.4 million) and £26.2 million, respectively, for the 12 months ending June 30, 2024.
Everton, who finished 15th in last season's EPL, made a loss for the seventh successive year and have now lost £570 million in total. Their net debt also rose to £567 million during that period.
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The club was bought by the Texas-based Friedkin Group, which also owns the Italian side AS Roma, from previous owner Farhad Moshiri, for around £400 million in December last year.
The Merseyside club did manage to reduce their losses last season, with the figure having been up at £89 million for 2022-23.
Turnover in 2023-24 rose by £15 million to £187 million, while £313 million was spent on the development of the new Bramley-Moore Dock Stadium – the 52,888-capacity venue that will house the men's first team from next season (2025-26).
In contrast, only £211 million was spent on the new stadium in 2022-23

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By GlobalDataIn terms of revenue streams last season, the club's broadcast rights fees brought in £129.2 million; £21.6 million came in through sponsorships, advertising, and merchandising; and gate receipt income amounted to £19.1 million. All three of these streams saw rises from the 2022-23 figures.
Everton have been consistently walking a tightrope over the last few years regarding complying with the Premier League's Profit and Sustainability Regulations (PSR). Those allow clubs to lose a maximum of £105 million over three years before sanctions are brought.
Last season, the club was docked eight points in total for two separate breaches of the rules – however, in January this year, the EPL confirmed it would not be charging any clubs for the period ending with 2023-24, after all were deemed to be in financial compliance with the regulations.
In total, Everton have now lost £187 million over three seasons – however, costs associated with infrastructure development can be removed when calculating a club's losses.
Everton currently sits 15th in the 2024-25 EPL, 17 points clear of the relegation zone.
Tottenham, meanwhile, recorded overall losses significantly lower than the £86.8 million in 2022-23.
This came despite the North London club seeing their total revenue drop by £21.4 million year-on-year, with that figure sitting at £528.2 million as opposed to £549.6 million in 2022-23.
Tottenham’s lack of involvement in any of the lucrative UEFA pan-European competitions last season – as opposed to 2022-23, when the team took part in the top-tier UEFA Champions League – meant a drop year-on-year in UEFA prize money from £56.2 million to just £1.3 million. This was the overall driver behind the revenue decrease, with ticketing income also falling by £11.8 million year-on-year (accounted for by significantly fewer home games taking place last year than in the prior season).
By contrast, TV and media income (outside UEFA distribution) rose by £17.8 million, with commercial and other revenue also increasing in 2023-24.
During the 12 months, new commercial deals were signed with the BetMGM and Kraken brands, while the club was also granted planning permission to host up to 30 non-soccer events at the Tottenham Hotspur Stadium (capacity: 62,850) per year. Outside use of that state-of-the-art venue – especially by American football's NFL – is one of the club’s most significant drivers of revenue.
Indeed, the NFL and Tottenham have a deal in place for the hosting of games at that venue through 2029-2030.
In total, profit from operations came to £144.9 million, a 4% increase, despite the overall loss.