More problems for Everton as accounts throw club's future into further doubt

Yet more terrible financial news this weekend has raised further questions about the viability of the Blues as a going concern.

Everton FC v Arsenal FC - Premier League
Everton FC v Arsenal FC - Premier League / James Gill - Danehouse/GettyImages

The club released the latest figures yesterday and they make for grim reading with Everton having lost almost £90 million in the last financial year!

Those eye-watering numbers are almost double the previous year's losses and put the future of the Toffees into yet more doubt.

As this nightmare season rolls on it almost feels as if literally anything and everything that can go wrong for a football club, will for the Blues. On and on it goes and what more can there be!?

On Saturday the team were a few minutes away from a draw at Bournemouth, - which while not ideal would have been something at least - before Seamus Coleman's injury-time own goal left them a joint record twelve matches without a win.

Meanwhile, there is still the threat of a further points deduction to come this month when the Premier League commission finally reports again and the ownership of the club is also still unresolved!

What the ultimate ramifications of this latest news is we can only imagine. It seems almost certain that Everton will again fall foul of the PSR and so potentially suffer even further points deductions and punishments next season.

But where will the Blues be then? They could be a Championship club by that time. Indeed, given the atrocious current form on the pitch that seems more likely than ever before.

And if they have been relegated that may have led to administration, especially if the proposed takeover by 777 Partners has not been approved.

It is a perfect storm of failure, chaos, incompetence and confusion both on and off the pitch.

The coming week or two could be yet another pivitol one for the Toffees as it just might be possible that we will hear finally from the commission about the next alleged PSR breach and it's potential consequences, and maybe even whether 777 will get the green light at last.