David Prentice: Everton deny reports they don't have January transfer budget
According to Liverpool Echo’s journalist David Prentice, Everton have denied the Daily Mail’s report claiming that they cannot spend in the transfer window.
Kieran Maguire, Football finance lecturer at the University of Liverpool, told the news outlet earlier this month after research that the Toffees still need to make a profit of £35million to balance the books if they must operate within FFP limits.
Everton have reached out to Liverpool Echo to deny the claims, and Prentice has shared the details on the latest Royal Blue podcast.
He said: “We’re only a couple of months into the season and he’s finding it an absolute toil because he’s inherited an absolute mess.
“I’m trying to offer some crumb of comfort and I can’t at the moment because there’s nothing you can do to try and reassure people other than it’s going to be quite a grim month or two until we get to January.”
“We don’t even know how much he’s going to have to spend. We were reassured to a degree when Liverpool University brought out that research work recently suggesting Everton had no money to spend and the club were very quick to get in touch and say while they don’t want to be quoted on any figures, that was incorrect.
“We can only surmise that there will be some money to spend in January, quite on who and quite how much I don’t know.”
Everton could only spend £1.7million in the summer, and they are still not able to splash the cash yet due to Financial Fair Play rules.
They are yet to release their reports for 2021, and while the numbers will change once they do, it does not seem that will improve things.
Rafa Benitez has seen injuries ravage his squad, with Demarai Gray recently joining Dominic Calvert-Lewin, Yerry Mina, Andre Gomes and Abdoulaye Doucoure on the sidelines, and there is no denying that he needs to make quality additions when the window transfer window opens.
There are no guarantees that he will have much to spend, though, and things could go from bad to worse for the Toffees.
Everton’s decision to deny the report means they could be working behind the scenes to make a miracle happen in January, and the club could do with plenty of that right now and going forward.