I get where you are coming from, and I'm a real realism first type guy, but I'm not sure we are so far away with the right owners. Aston Villa, and Newcastle, from worse positions than us turned around quickly.
You're correct.
Whilst under Moshiri next summer looked to be a catastrophic point in terms of what the squad will look like
As it stands I think we have 12 senior played under contract (14 if you stretch it to include Dixon and Armstrong)
Pickford, Mykolenko, O'Brien, Tarkowski, Branthwaite, Patterson, Garner, Tim, McNeil, Ndiaye, Beto, Chermiti, Dixon, Armstrong.
With no money and Branthwaite having to be sold we'd be down to 13 plus whatever we could reinvest from Branthwaite - likely no more than 35m of which would be used.
So a catastrophic situation.
Now we cleared debts, will have investment to spend and likely IF we did sell Branthwaite would be able to reinvest all.
So if TFG say have a net spend of 100m first summer (which is pretty much what they spent first season net at Roma) so the best estimate of what they may initially spend.
Then can forsee the following DCL new contract - make the Lindstrom loan permanent
Numbers are now at 16, 17m paid out.
Gives us roughly 80m to add 6-7 players to the first team squad, adding in S couple of loans, would get the squad up to 24-25 players.
There won't be any huge 40-50m plus signings incoming, just guys in the 10-15m range.
If Branthwaite was sold then obviously you can add 70-80m to those figures (or even say 45-50) which won't alter the numbers of players but likely means a few cone in at higher values.
Sometimes building from a clean slate almost with practically zero bloat or surplus remaining in the entire squad can be hugely beneficial when trying to build or change things
Simply put next summer building an Everton squad whilst challenging in terms of numbers needed, doesn't have any obstacles remaining in terms of new players coming in meaning we end up with guys surplus to requirements sitting earning 100k plus over week.
The key to everything though is to spend this investment smartly and with a coherent team building plan around the type of manager and system we want long term in place.
So target the same profile of players like Lindstrom, Ndiaye, O'Brien, Bove, Prighones - guys with lots of potential who were all available for 12-20m