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Dr Dan: Everton could use £60m Calvert-Lewin funds to offset FFP
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Everton...
Everton could look to use the funds generated from Dominic Calvert-Lewin’s sale to offset Financial Fair Pay restrictions.
That’s according to Dr Dan Plumley who claims that the Toffees may also reinvest that money to strengthen the team.
The England international is Everton’s biggest financial asset and has been subject to transfer interest throughout the January transfer window.
Ahead of deadline day, The Daily Mail reported that Arsenal were looking to sign him after missing out on Dusan Vlahovic.
It is understood that they will have to shell out £60million if they are to tempt the Toffees to let go of him.
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Discussing the FFP ramifications of the sale, the Sheffield Hallam University expert said, “Calvert-Lewin will be off the wage bill so there will be cash reduction there.
“It again comes down to the benefits and the risks.
“If you do lose somebody who’s getting you goals in the last two seasons, then does that hurt you in the short term?
“Relegation is also obviously an issue for Everton at the moment.
“That’s the trade off for Everton really, do they use it to offset FFP or to go back in the transfer market if they do sell Calvert-Lewin.“
The Toffees retained the services of the 24-year-old in January, but he is likely to be chased by Arsenal in the summer.
Should the Gunners finish in the top four, they will have the lure of the Champions League and the additional revenue to tempt Calvert-Lewin into leaving the club.
In other Everton news, Frank Lampard wants to sign an ‘Excellent’ PL striker with a summer move on the cards
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