Despite the imminent takeover of Everton by Dan Friedkin, the club’s spending power in the upcoming January transfer window is expected to be limited.
According to football finance expert Kieran Maguire, while Friedkin’s financial resources are substantial, Everton will still be constrained by financial fair play (FFP) regulations.
“It’s three cheers from me in terms of Friedkin,” Maguire said on the The Price of Football podcast. “Normally I only give two… but I think he is by far the best choice. He certainly has the resources to complete the stadium, he has the resources to pay the bills in terms of working capital, and if Everton do have any leeway in terms of PSR, and they’ve not got very much I’ll be perfectly honest, he has the wherewithal to be able to provide those funds when it comes to January as well.”
Maguire’s comments suggest that while Friedkin’s takeover is a positive development for Everton, it won’t solve all of the club’s financial problems. The Toffees will still need to be mindful of FFP regulations and prioritize sustainable growth.