Everton ‘will receive new investment imminently’ to boost their dire financial situation

Everton are set to receive a much-needed financial boost as new investment at the club is imminent, according to reports.

The Toffees released the figures from their accounts last month which did not make for pretty reading as they revealed the club had recorded a fifth successive year of losses.

As revealed by Sportsmail, the club will have to pay an outstanding loan of £150m if they suffer relegation from the Premier League, and they have been referred to an independent commission for an alleged financial breach after Burnley and Leeds raised concerns last year.

This highlights the precarious position Everton find themselves in, but they are set to be aided by new investment, as reported by Sky Sports.

Everton owner Farhad Moshiri has previously ruled out a full sale, but has been looking for investors for some time, and now appears to have finally found a party willing to put money into the club.

He has reportedly now attracted investment, as he looks to appease the fans who have been calling for the board to go in recent months

Sky Sports have stated this investment will ensure that Everton’s move to their new stadium on Bramley-Moore dock will be fully funded.

The Premier League outfit are hopeful of moving into the £550m stadium for the start of the 2024-25 season, although as exclusively revealed by Sportsmail, there are fears that the planned move could be delayed.

The Sky Sports report also claims changes at the top of the club are to take place once the investment has gone through.

This will be welcome news for Everton fans who have staged multiple protests against the board in recent months.

Supporters were seen marching outside Goodison Park earlier this year holding banners that said the board were ‘not welcome’, while another labelled chairman Bill Kenwright ‘the world’s worst Evertonian’.

Fans have been protesting against Moshiri and chairman Bill Kenwright (right) outside Goodison Park, and changes at the top of the club are now expected to take place

The relationship between the board and the fans hit a new low in January when the directors were advised to stay away from the team’s home match with Southampton due to threats to their safety.

This followed an allegation that Everton CEO Denise Barrett-Baxendale was put in a headlock by a supporter following the side’s 4-1 defeat by Brighton earlier that month. Merseyside Police later revealed the alleged incident was not reported to them. 

Changes now appear to be edging nearer off the pitch, and Everton also require a change of fortunes on it.

Sean Dyche’s men have won just one of their last seven league matches and are only above the relegation zone on goal difference with seven games remaining.