Everton to get £4.6m Premier League boost despite lower finish

Everton will earn around £4.6m more in merit payments from the Premier League despite finishing a position lower last season.

The Toffees managed to preserve their top flight status, held continuously since 1954, on the last day of the 2022/23 campaign thanks to an Abdoulaye Doucoure strike that earned a 1-0 home win over Bournemouth.

Financially it was a victory that was hugely impactful. Everton, having posted losses of over £430m over five consecutive loss making financial years, have been hamstrung in their ability to sign players due to the Premier League’s profit and sustainability (P&S) rules, with the club facing a charge from the League for an alleged breach of those rules, something that the club denies.

There has been significant tumult behind the scenes and major boardroom changes put into effect at a time when the club are set to receive investment from New York-based firm MSP Sports Capital, and with a stadium build still in need of finding tranches of funding ongoing.

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Staying in the Premier League avoided a potentially catastrophic relegation for the club, one that would have seen revenues severely impacted and an almost certain fire sale required of the club’s key playing assets.

The Premier League is the most lucrative domestic league in world football, its success underpinned by the enormous broadcast deals that it has in place. Last season saw the first year of a new three-year broadcast cycle, one worth over £10bn and where, for the first time, the value of the international rights outstripped that of the domestic ones. Remaining a part of the