Problem is, Brands will be playing a Moyes-like role in the transfer market, spending only what he is able to bring in through sales. Whoever thought we'd be back in that situation when Moshiri took over? In this light the appointment of Benitez starts to make sense. He kept Newcastle out of the bottom 3 in his 3 years there and spent little money. Despite a few public noises made about his under-resourcing, Benitez carried on with the job. That's how it's going to be at Everton. Let's face it, if the Club had the money to spend we'd have gone all out for CL qualification in the January transfer window by signing a top class forward (Zaha comes to mind). Bear in mind also that Moshiri has still to find investors for BMD, a development that is ultimately going to cost far more than the £500m tag currently attached.
We're in a total mess. Bad enough that the money has dried up -- but made that much worse by the imminent arrival of a RS as manager, and one whose approach to playing football makes Allardyce look like Bielsa.