Everton news as Kieran Maguire drops £22.1m bombshell
Kieran Maguire has gone through the recent accounts of Premier League clubs and has made an Everton revelation.
Based on the football finance expert’s calculations, the Toffees have spent £22.1million per point in the Premier League.
This puts them as the sixth highest in that department – with Chelsea, Tottenham, Southampton, Manchester City and Manchester United the only teams spending more.
The Friedkin Group have to sort the way Everton spend money
This highlights a significant inefficiency in their spending strategy during the Farhad Moshiri era.
The excessive spending without corresponding success on the pitch points to poor financial planning and decision-making, characteristic of the tumultuous period under Moshiri’s ownership.
During his tenure, Everton faced financial chaos, managerial instability and a lack of strategic coherence in the transfer market, leading to ineffective investments in the squad.
As The Friedkin Group have taken over, it’s crucial they learn from these past mistakes.
They must focus on a more sustainable financial model, ensuring that investments in players are aligned with the club’s long-term vision and not just short-term gains, avoiding the pitfalls that have plagued the club in recent years.
It remains to be seen if they’ve learnt their lessons at Roma and if they are the right ones to take the Merseyside outfit to the next level.
In other Everton news, the president of a European club has offered £5.7m to sign a Toffees player permanently in January.
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