Breaking News: Everton have £40m FFP lifeline confirmed with…..

Everton have £40m FFP lifeline confirmed with Alisher Usmanov factor key

Everton have received a major boost to their position under Profit and Sustainability Rules thanks to a domino effect that started with former benefactor Alisher Usmanov’s exit.

The Russian billionaire oligarch was forced to cut ties with Everton in 2022, with whom he had signed a number of lucrative sponsorship deals with a potential value of up to £300m over 20 years.  Among those were the naming rights for the club’s Finch Farm complex, a women’s team front-of-shirt deal, and a first-refusal deal for the naming rights for their new stadium at Bramley Moore Dock.

Everton have struggled with Profit and Sustainability, or PSR (formerly financial fair play, or FFP), ever since and were hit with two separate points deductions in 2023-24.

They also run the risk of encountering cash flow issues if they fail to sell players this summer, at least until AS Roma owner Dan Friedkin completes his takeover from Farhad Moshiri.

But the latest developments in the commercial department at the Merseyside club show that the club is moving on from Usmanov’s investments.

Be the first to comment

Leave a Reply

Your email address will not be published.


*