Online car dealer Cazoo, a business once valued at as much as £6.3bn, fell into administration on Tuesday, a development that puts 200 jobs at risk, with the demise linked to the inflation-induced squeeze on consumer spending on such things as new cars.
Back in March 2022, Everton opted to exercise a break clause in its £9.6m per year deal with Cazoo, who also sponsored Aston Villa, with the Toffees seeing the partnership come to an end at the end of the 2021/22 campaign, with Stake.com taking over from the following season in what was described as a ‘club record’ deal.
"The original deal was for two years and it has been a strong partnership over this period which has delivered on our objectives and we are proud to have supported the Club and raised over £75,000 for Everton in the Community during this time.