Slightly off topic.
Also posted in the PL thread.
Everton have announced record losses of £111.8m for the year to June 2019 but say they are "committed to operating in a financially sustainable manner".
The losses have been adjusted for a 13-month period to incorporate when players' contracts come to an end.
But after a £30.6m profit in 2017 and a £13.1m loss in 2018, the latest figures show the alarming rate of spending under majority shareholder Farhad Moshiri.
Premier League profit and sustainability rules allow for a £105m loss over three years, with Everton's total loss in the same timeframe at £94.3m.
https://www.bbc.co.uk/sport/football/51114007