Everton problem brutally exposed by £678m Farhad Moshiri sum

When Farhad Moshiri acquired Everton back in February 2016 it was a takeover that sparked much hope among supporters.

Chairman Bill Kenwright’s long search for investment eventually reached its conclusion when Moshiri sold his minority stake in Arsenal and acquired 49.9 per cent of the equity in the Blues. That has since been increased to 94 per cent, although with the impending investment arriving from MSP Sports Capital, it is a shareholding that will decrease.

“There has never been a more level playing field in the Premier League than now,” declared Moshiri when he became the majority shareholder. What followed was significant spend in the transfer market with the aim of closing the gap to the ‘big six’ and breaking into lucrative European football, the ultimate aim being regular Champions League participation that would allow for significant spend in the transfer market to be sustainable within UEFA’s Financial Fair Play rules and the Premier League’s Profit and Sustainability regulations.

The move from Goodison Park to a new purpose-built home, eventually decided to be the banks of the River Mersey at Bramley- Moore Dock, was the chief aim of the investment in order to make Everton a competitive force financially as well as competitively.

Man Utd and PSG could influence Everton's next signing amid El Bilal Toure interest

Everton have quietly been handed a transfer boost that could prove priceless

That is a project that will be realised during the 2024/25 season. However, the competitive aspect of the club has fallen way short of expectations, with the heavy transfer spend allied with a lack of success having hamstrung the Blues in the transfer market, with this summer even seeing Sean Dyche unable to operate to