Simon Jordan: Enormous Everton losses are ‘unfathomable’
Simon Jordan has been left stunned by the “enormous” amounts of money being lost by Everton in recent times.
Kieran Maguire recently shared that the Toffees were losing up to £2.5million every single week at Goodison Park.
Jordan insisted those numbers were “unfathomable” and mainly down to the prolific spending of Farhad Moshiri.
Speaking on talkSPORT this week, Jordan insisted that despite the losses, no one can question how Moshiri spends his money.
“The losses are absolutely enormous for Everton right now. It’s unfathomable how much they’ve lost, some of it because of COVID. But a lot of it is because of the profligacy of their spending regime,” he said.
“We talk about these wonderful so-called blueprint merchants like Marcel Brands and say five or six years into this project, with this kind of dough, with Everton not knocking on the door of the top six – you have to say it’s his money and he has the right to spend it.
“The Everton fans have the right to question it to some extent as it’s their club. But they can’t question how he spends his money.”
Unfathomable.
No one can say that Moshiri hasn’t put the club ahead of his own finances over the past few years at Goodison Park.
Having said that, it hasn’t really delivered the success that we were all hoping for in terms of silverware and Europe.
Big names have come and gone such as Carlo Ancelotti, and his spending sent the Toffees backwards rather than forwards.
The amount of money spent on the likes of James Rodriguez is just one of the examples of where we have wasted.
All of this has led to the Financial Fair Play rules catching up with the club, and now it is meaning Rafa Benitez can’t spend what he would have liked to.
Hopefully, this can be turned around sooner rather than later.
In other Everton news, this Toffees defender is being watched very close with a major exit on the cards
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