Kevin Thelwell: TFG sources issue update on new Everton contract
Kevin Thelwell’s tenure at Everton has been marked by severe financial constraints and existential challenges.
Yet, his strategic approach to recruitment and squad management provides strong merit for retaining him unless a clear upgrade is assured.
Tasked with navigating Everton through special measures, PSR breaches, and a £750million+ stadium project, Thelwell has prioritised financial stability while maintaining Premier League status.
His ability to generate £160million in net transfer income – more than any other club in the league since 2021- demonstrates his skill in balancing books through high-profile sales like Richarlison, Anthony Gordon and Alex Iwobi, while retaining key assets like Jarrad Branthwaite despite interest from top clubs.
Everton still to make a decision on Kevin Thelwell’s contract
With his deal running out at the end of the season, The Friedkin Group need to make a decision on whether or not they want to retain his services.
The Athletic reported on 14 February that people close to the new owners have not yet made a decision on keeping him.
It’s understood that no contract has yet been offered to Thelwell despite him being in the final months of his current deal.
Thelwell’s recruitment strategy, focusing on young players with resale value such as Iliman Ndiaye, James Garner and Dwight McNeil, has not only kept the Toffees competitive but also increased player market values, with Ndiaye’s worth reportedly doubling.
The Friedkin Group do not appear to have a clear frontrunner to replace Kevin Thelwell
Despite misses like Neal Maupay, his decisions have often been limited by financial restrictions rather than poor judgement, as evidenced by missed targets like Viktor Gyokeres and Rasmus Hojlund due to budget constraints.
Thelwell’s adaptability in negotiating buy-now-pay-later deals and managing a threadbare squad under pressure highlights his competence.
With the club now emerging from their financial tunnel and poised to leverage a new stadium at Bramley-Moore Dock, his experience and proven track record make him vital for the club’s next phase.
Parting ways risks disrupting this progress, especially without a guaranteed superior replacement, as Thelwell’s intimate knowledge of the Toffees’ unique challenges and his ability to deliver results in adversity are not easily replicated.