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Everton post enormous record financial losses due to impact of coronavirus

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Everton have posted record losses of almost £140m because of the damaging impact of the coronavirus crisis. The club released their annual financial results on Friday evening, with the headline figure being those huge losses - an increase of almost 25 per cent on last year.

But the club’s calculations suggest the financial impact of Covid-19, in terms of lost matchday income, deferred tv payments and other commercial streams, cost them almost £70m in lost revenues.

The figures also showed an investment of £113m in the playing squad in the 2019-20 season, which added to the losses. Everton though, maintained their long term financial position looks healthier, with commercial revenue streams increasing by a whopping 86 per cent on the

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Hemasiri Fernando - Pujith Jayasundara - Aditya Patabendige - Hemasiri and Pujith acquitted and released from Easter Attacks case - newsfirst.lk - Sri Lanka
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Hemasiri and Pujith acquitted and released from Easter Attacks case
COLOMBO (News 1st); Sri Lanka’s Former Defence Secretary Hemasiri Fernando and Former Inspector General of Police Pujith Jayasundara were released and acquitted by a Colombo court on Friday (18) from all charges in the Easter Sunday Attacks case.The cases were called up in the presence of Justices Namal Balalle, Aditya Patabendige, and Mohamed Irshadeen.The Attorney General filed the cases against Fernando and Jayasundara on charges of criminal dereliction of duty for failing to take action to prevent the Easter attacks despite receiving specific intelligence.A total of 855 charges of criminal negligence were leveled against Pujith Jayasundera and Hemasiri Fernando, individually.The Colombo Permanent High Court Trial-at-Bar ordered to acquit and release Ex-Police Chief Pujith Jayasundara and Ex-Defence Secretary Hemasiri Fernando from the cases, without calling for evidence from the defense, as the prosecution had failed to prove the charges filed against them.Justice Aditya Patabendige delivering the summary verdict in court noted that the evidence provided by Director of State Intelligence Nilantha Jayawardena made it clear that he had not carried out his duties in a proper manner, and acted to place that responsibility on someone else.Justice Aditya Patabendige went on to note that many devotees died under tragic circumstances in the Easter Sunday Terror Attacks that also left many injured, adding that it is not possible to proceed with a case against a person in absence of evidence on such a tragic event.Justice Aditya Patabendige also noted that one needs to be extra careful when leveling criminal charges against a person, and noted that the arrests of Jayasundara and Fernando on the said charges are also marred
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