£100m+ investment news emerges at Everton as Finance Expert reacts
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 there is so much that £105million could be used for at Everton with investment now said to be close at Goodison Park.
Paul Brown has recently reported that MSP Sports Capital are on the verge of investing in the club finally and that it could be worth that £100million-plus jackpot.
The finance expert believes that critical short-term bits will be looked at such as the revenue and cost side of things as the Toffees battle relegation.
“There is so much there that it can be used for,” he exclusively told Goodison News.
“You’ve got a lot of things up in the air and a lot of moving parts, but I think you’re almost looking for strategic priority order within that, and that’s up to the investors.
“For me, if you look at the short-term position, that is really critical, you’ve got the potential loss of revenue dependent on relegation, you’ve got player wage contracts, a big issue within that with some of them on non-relegation release clauses and bonuses, we may know others potentially are.
“If you’re looking at the short-term situation, you have to look at the revenue and cost line, and then you can get into things moving forward, do they use some of that for the debt position? Do they use some of it to look at the new stadium?
“Critically, in the short-term, I think it’s about the revenue and cost side of things as the club try to find out which league they are going to be in next season as well.”
There has still been no update on this potential investment, but it looks to be closer.
Farhad Moshiri has wanted this all along and it looks as though he will finally get what he wants with that investment to help with the diabolical accounts likely top of the agenda.