Just for comparison, from Swiss Ramble:
38% of Liverpool's revenue, 3 times LFC's debt.
Liverpool, wages are 66% of turnover (around 59% is considered OK), Everton, 89%, highest in the PL, and would be even worse if it wasn't for a one off £30m 'naming rights' cash injection from the owner.
Everton have made losses in 4 of the 5 yearsd Moshiri has been in charge (the last 2 years have seen record lossses), and yet they are still mid table and have yet to start their new stadium, or get the money for it.
Not sure if Catcher is right or not, but on those figures I know which club I would prefer to be owning...