Yes we were:
Bill Kenwright has laid bare the scale of the financial problems at Everton with a frank admission that their bankers have forced the club to reduce the overdraft and blocked additions to David Moyes's squad.In a remarkable exchange with representatives of The Blue Union, a coalition of supporters' groups alarmed at the lack of investment in Everton, the club chairman admitted that proceeds from recent player sales and Bellefield, the former training ground sold for £9m, had been taken by Barclays to reduce debts of £45m.
Everton's chairman Bill Kenwright has blamed the club's bank for the lack of transfer activity this summer
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