Football

Everton and Liverpool sent 'unsustainable' warning by La Liga chief

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Everton and Liverpool sent 'unsustainable' warning by La Liga chief

Everton and Liverpool sent 'unsustainable' warning by La Liga chief Javier Tebas. Teba believes the Premier League is financially unsustainable in the long run. He wants to see more pressure applied to address rules that distort the transfer market. Liverpool have made combined losses of more than £370m in last three financial periods. Everton operate in market while skirting close to breaking Premier league's profit and sustainability rules. Liverpool's owner Farhad Moshiri's heavy spend early in his tenure was not backed up by revenue growth. Manchester City, Wolverhampton Wanderers and Burnley made profits in 2021/22.

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