Moshiri to make big Everton investment as Covid-19 losses bite | Malay Mail

📆 12.12.2020 6:15:00
📰 malaymail

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LONDON, Dec 12 ― Everton majority owner Farhad Moshiri is set to invest up to £250 million (RM1.33 billion) to help the club deal with the fallout of the Covid-19 pandemic as the Premier League side announced losses of almost £140 million yesterday. Despite generating a record £64 million from...

Everton's Dominic Calvert-Lewin celebrates scoring their first goal with Andre Gomes, Richarlison and Yerry Mina, September 13, 2020. — Pool via Reuters /Catherine Ivill

Despite generating a record £64 million from sponsorship, advertising and merchandising up to June 30, 2020, the club announced a loss of £139.9 million as the pandemic affected broadcasting, commercial and matchday revenues.

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