Manager: Proceeds of Everton Stones sale will not be used solely on transfers
By Tom Blackburn
Barnsley manager Paul Heckingbottom says not all the money the club will receive from the sale of John Stones will be used on transfers.
Manchester City completed the signing of Stones from The Toffees on Tuesday morning for a reported £47.5million.
The Sheffield Star claim Barnley have landed £7million from Stones’ mega-money transfer, due to a 15 per cent sell-on clause from when the defender moved from Oakwell in 2013.
Heckingbottom revealed owner Patrick Clyne has explained how the club will use the proceeds.
“Mr Cryne said it’ll be back into the football club, but it will be used wisely,” Heckingbotttom said, as quoted by the Sheffield Star. “It’ll be used to help the cash flow at the club for the next few years.
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“It’s not going to be a case of ‘here’s x amount of pounds, go and spend it’.
“It’s going to be used as part of long term planning and hopefully improve us in the long run.”
Stones’ arrival continues City’s strategy of building for the future by buying up top young players.
On top of buying Raheem Sterling, Kevin De Bruyne and Patrick Roberts last summer, City have now signed Leroy Sane, Gabriel Jesus, Marlos Moreno, Aleks Zinchenko plus Stones this summer. All of them are aged 25 or under.
In addition, the fee is comfortably a new record either incoming or outgoing for the Merseyside club.
The highest sum Everton have received was £27million when Maroanne Fellaini joined Manchester United in 2013, while their record outlay is the £28million spent to entice Romelu Lukaku from Chelsea 12 months later.
Stones showed flashes of potential throughout a tumultuous season for Everton in 2015-16, playing in 41 games in all competitions, but he did not figure for England at Euro 2016 after being omitted in favour of Chris Smalling and Gary Cahill.
Everton have since signed Ashley Williams from Swansea on a three-year-deal at Goodison Park after spending eight years at the Welsh club.
Sky Sports News chief reporter Kaveh Solkehol claimed on Wednesday morning that the Toffees will pay just £9million for the Welsh international, but the official fee is undisclosed.
Toffees fans will hope Everton can sign another defender, with just two further experienced central defenders left at the club in Phil Jagielka and Ramiro Funes Mori.
Danny Gabbidon uploaded an image on social media of his arrival at Everton and they are set to secure an immediate replacement for Stones.
In other Everton transfer news, a Sky reporter claims and attacker is waiting for permission to undergo a Toffees medical.