Everton transfer spend bigger than Real Madrid, Bayern Munich and Inter Milan
Everton have a higher transfer net spend since 2014 than elite-level European sides like Real Madrid and Bayern Munich, according to the CIES Football Observatory.
As reported by the Liverpool Echo (7 September), the Toffees’ net spending in the last nine years ranks them as the 15th highest-spending club in European football, with a trading loss of £334million.
Elsewhere, Euro giants like Madrid, Munich and Inter Milan have a healthier net spend than Sean Dyche’s side, despite them all either winning or appearing in the final of the Champions League since 2020.
Everton: Champions League winners?
Some Toffees fans looking at this list may be wondering why Everton haven’t won the Champions League yet if they’re outspending European royalty.
The rankings are based on net spending, meaning Everton’s high position on the list reflects Farhad Moshiri’s and the board’s inability to make good player sales rather than anything else.
A quick glance below Everton shows that Premier League minnows Bournemouth and Crystal Palace are also bigger hitters than Los Blancos and Bayern, showing the financial disparity between the Premier League and Europe’s other top flights.
While the likes of Madrid splash big cash every summer, like £88.5million on Jude Bellingham, they are also astute and getting players off the books for good fees. Selling an ageing Casemiro to Manchester United for £60million goes a long way in keeping the books healthy.
While Madrid does not have a perfect record for transfers, with Eden Hazard springing to mind, Everton’s significant spending is surprising considering how many assets they’ve sold for big fees in recent windows.
Richalrlison’s departure to Tottenham, Anthony Gordon’s move to Newcastle and Lucas Digne’s switch to Aston Villa brought in a total of £130million. With healthy sales like this, no wonder Everton fans are concerned about their club’s financial health when their net spend is still so high.
The Toffees remain in financial difficulties and are set to face charges of alleged breaches of Premier League FFP rules on 25 October, according to The Guardian (14 June) and must balance the books.
The Athletic claimed (5 September) that Everton owes just £3million for Arnaut Danjuma’s loan fee this fiscal year, with payments for the likes of Beto and Youssef Chermiti not due until the next fiscal year, clearly indicating the board is trying to clean up their mess.
While the Toffees are unlikely to win the Champions League any time soon, the Goodison Park faithful may be more worried about their club’s financial health than Euro glory, for now at least.
In other Everton news, Goodison News rates all the Toffees’ summer signings, with one 4/10 attacking flop on the cards.