Yes, but our spending will drop off - what we’ve seen is a (failed) attempt at revamping the squad with an initial big outlay.
Spending wise, we can’t compete with Man City, Man Utd, Chelsea, Liverpool or Arsenal.
Don’t disagree with any of that... it’s been a disaster.
On the spending drop off case, im afraid that has to be case really. I suspect the next set of accounts will show another big investment from Moshiri, a show of faith in Brands and Silva last summer, its not an insignificant investment again.
In all honestly i can see in this window and the next few he is pulling up the ladder after him. To invest more in the team at this point is to throw petrol on the fire of what is already is there. When you look at the team and squad , its layers of product of 5 different managers with five different football philosophies and zero congruence in planning. Effectively each manager got a few bob, picked up about five players that suited their ideas and disenfranchised the rest. We look at what we are a mismatch of a team built by five different people.
If Moshiri was to throw more money at it, its the same thing again another 4-5 players, on top of a squad of 50, like i say petrol on the fire. Thats before you look at wages we have a wage bill getting very close to 140mill, we wil make probably about 175mill this year. We have other operating costs. of 60 million largely made up of paying of Martinez, Koeman and Allardyce and their coaches and the associated stadium costs. So essentially we are spending just over 200 million a year and making 175, carrying a squad of nearly 50 players with a massive wage bill, without an investor we would be to the pin of our color to pay.
It would be absolutely negligent to the welfare of the club, to bring in any more players until their are outs, simply put the club would be in serious trouble tomorrow if Moshiri walked away tomorrow, not that i think it will.
I would accuse Moshiri as being very committed to Everton but very naive, he has invested a lot of money and likely continues to do so, but many poor decisions have led us to do this point. Chopping and changing the managers and allowing them to invest in players has seen us waste well over 100s million (in fees, wages losses, compensation), for limited return or essentially stand still.
If any other money is investment in players, before outs the situation i describe above is only made worse and bad for the welfare of the club. Outs are the key for us now in terms of regulating our cash flow and resources, time is also needed, as players contracts need to wind down and the legacy of compensation to old managers needs to be done. If we can manage outs, reduce the wage bill, player trade a bit, reduce other operating costs on compensation, we should be coming out of the woods in a couple of years.
The job of Silva and Brands is a three year anti virus job. If we were to throw any more money at its like throwing petrol on the fire and would be very worrying.
To summerise, we are spending, 200 mill, making 175 and have a squad of 50 players - it would be lunacy to add to our cost base. In a weird way Mohirii has invested so much, that the club cant handle the day to day expenses of that investment. But really he has made massively poor decisions on how or who acted on his behalf in actioning that investment.
