Former Everton main shirt partner Cazoo has fallen into administration three years after NYSE listing

The former main shirt sponsor of Everton has collapsed into administration.

Online car dealer Cazoo, a business once valued at as much as £6.3bn, fell into administration on Tuesday, a development that puts 200 jobs at risk, with the demise linked to the inflation-induced squeeze on consumer spending on such things as new cars.

The company had undergone significant restructuring earlier this year and had abandoned the European arm of its business in 2022, just months after the club’s partnership with Everton came to an end.

Back in March 2022, Everton opted to exercise a break clause in its £9.6m per year deal with Cazoo, who also sponsored Aston Villa, with the Toffees seeing the partnership come to an end at the end of the 2021/22 campaign, with Stake.com taking over from the following season in what was described as a ‘club record’ deal.

In a statement to The Athletic at the time, the company confirmed: “We can confirm that the Cazoo sponsorship of Everton Football Club will not continue after the end of the current season.