Finance Expert: Everton bank new FIFA windfall as they can offset player wages
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...
Dan Plumley has insisted that Everton will welcome the £777,000 windfall from FIFA for their players’ inclusion in the World Cup over the past six weeks.
The Finance Expert admits that the incoming windfall will help the club offset some of the costs of their wage bill for the period when their players were away.
Everton finally return to Premier League action on Boxing Day when Wolves come to Goodison Park with points desperately needed in the relegation battle.
“For the most part, a club like Everton will be looking at £777,000 as a decent amount of money to take from it,” he exclusively told Goodison News.
“The England players they’ve got, they maybe anticipated a semi-final for them, if not more, so they may have expected more from that. Still, the bottom line budget figure they’ve looked at and thought that’s what they’re going to get and that will be a decent amount.
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“It goes back to that every little help argument so it will help them in the short term.
“As always, there is the cost factor, either way, the money in for those players from FIFA is great but they’re your players and your still paying their wages, it just offsets some of that.”
Farhad Moshiri has been searching for new investment for months now, and although it is on a much bigger scale, this six-figure boost will not be turned down.
It will be welcomed with open arms, and it will have helped the club move forward during the World Cup where they still had to move forward and pay wages with no revenue from matchday.
This is certainly good news, time for the Premier League to return.