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Simon Jordan makes Everton and Derby County comparison
Simon Jordan has compared Everton to Derby County, suggesting they are in financial turmoil but that Farhad Moshiri will bail them out.
Championship side Derby, managed by ex-Blue Wayne Rooney, are set to enter administration in the near future with the east Midlands club losing between £1.3million and £1.5million per month [Sky Sports].
Everton, meanwhile, were reportedly hampered by FFP in the summer, highlighted in the fact they had the lowest summer spend in the Premier League, at just £1.7million [Sky Sports], paid for just one player, Demarai Gray.
Speaking via talkSPORT [21/09/21] on Tuesday, ex-Crystal Palace chairman Jordan has detailed the dangers Everton are in, but backs owner Moshiri to stave off any big long-term financial fears.
“Don’t forget Everton’s owner has ambition, and with ambition goes mistakes,” Jordan said.
“Everton, believe me, the reason they’re not signing players is because they’ve probably got real trouble with financial fair play.
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“This is another Derby. The difference is, Moshiri will keep bankrolling them.”
No Derby danger
Luckily for Everton, there appears no real chance that they could go down the route Derby are set to face.
The Rams look set to follow a similar path to the one many EFL sides before them have had to take – the likes of Bolton Wanderers, Bury and Portsmouth have all suffered financial heartache and ended up sliding down the divisions.
Bury’s demise was particularly troubling as they were pressed into submission and expelled from the EFL.
Everton, however, should be comfortable as a Premier League club with Moshiri at the helm.
The 66-year-old has deep pockets and has never shirked the chance to invest in the club – just looked at the new stadium on the horizon at Bramel Moore Dock.
Their worries in the transfer market should begin to ease next year, with big-earners like James Rodriguez set to be off the books.
Rafa Benitez may then be handed the chance to really stamp his authority on the club.
In other Everton news, Jim White & Simon Jordan react to Blues transfer news live on talkSPORT.
Be sure to follow Goodison News on Facebook and Twitter for 24/7 updates on Everton and more exclusive interviews with Kevin Campbell.