Everton have spent £585m on players in recent seasons, including £87m last summer. Despite a credit due to Sky/BT, no European income and the pandemic. Their annual income is not dissimilar to ours.
Moshiri is a billionaire and his backer/mate Usmanov (who failed to oust Kroenke at Arsenal)...
I got the impression that the real punishment for the ESL 6 is/will be:
- Their CEO’s have been removed from EPL committees.
- They’ll have to sign up to never planning a secret breakaway ever again.
I’ve followed club finances and transfer activity for a long time.
Sadly nothing will change...
Villa, Fulham, Chelsea and Everton went bonkers in summer 2020 signings at the height of the pandemic. Despite already making colossal accounting losses, bankrolled with cash doping from the opportunistic owners.
My summer 2021 prediction is that these clubs will spend big (fees and huge...