Toffees announce record turnover

Everton have announced a record turnover for the season that saw them reach the FA Cup final and finish fifth in the Premier League.

The figures were revealed by chief executive Robert Elstone at a shareholders' forum at Goodison Park on Wednesday night

The cash flow was close to £80million for the 2008-09 season, up by 5.3% from 2007-08, and a massive 55% increase on the previous final year, 2006-07.

The Toffees' chief executive explained the figures to shareholders, while chairman Bill Kenwright and manager David Moyes also attended.

Elstone explained that a number of key factors contributed to the record figure.

Revenue from live TV appearances ensured broadcast income increased, with Everton matches shown live on 17 occasions last term.

The club's record sponsorship deal with Chang, which began last season, also contributed to the success, along with last season's run to the FA Cup final which boosted the coffers, with income from cup competitions up to £7.5m from £6.8m in 2007/08.

Overall, commercial income was up to £7.4m from £6.7m. Match day income remained stable at slightly over £17m.

The figures combined totalled £79.7m compared to £75.7m 12 months earlier.