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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.