Most Premier League clubs made losses in 2020-21, which was impacted by Covid-19, the combined total in excess of £1 billion, as revealed by Financial analysts Vysyble.

Everton's losses of £130.8m were exceeded by Arsenal, Spurs and Chelsea:

Vysyble co-founder Roger Bell said: “The ‘Big Six’ clubs [Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham] achieved combined economic losses of £688.76m which represents 63 per cent of the overall divisional economic loss for the year.”

The losses by Premier League clubs in 2020-21 came despite combined revenue of £4.88bn – £3.34bn of which was made up of broadcast income.

These revelations come in the 6th edition of a report titled: We’re So Rich It’s Unbelievable! The Illusion Of Wealth Within Football.