Everton will be keen to keep Carlo Ancelotti for what could be the most lucrative season in the club’s history in 2024-25.
That is according to finance expert and Football Insider columnist Kieran Maguire, speaking exclusively after Ancelotti stated his desire to remain at the club until the 52,000-seater Bramley Moore Dock Stadium opens in 2024.
“I would like to stay as long as possible,” the boss – whose contract expires at the end of the 2023-24 season – told the media last Thursday.
“I think to finish the contract here until 2024 means that you did a good job, and when you did a good job the contract will not be stopped in 2024, I think it continues.”
As well as bringing with it improved matchday income, the stadium will be a multipurpose venue and Everton’s revenue is predicted to skyrocket as a result.
Maguire also highlighted the fact that the stadium opening will coincide with the launch of a revamped, enormously lucrative Champions League.
He told Football Insider correspondent Adam Williams: “I think they’ll want to keep him [Ancelotti] because he’s a brilliant manager and Everton do appear to be making progress.
“Given the ambition of the owner, it would be a perfect storm for when Bramley Moore Dock opens, and they are hoping that could be 2024.
“That’s the year when the reformed, revamped Champions League takes place, and that’s going to be amazingly lucrative.
“If Everton, with a manager of the calibre of Ancelotti, could get their stars in alignment, new stadium, all of these additional matches taking place, hosting clubs like Barcelona and Bayern Munich in that season, it would make everything worthwhile. Carlo Ancelotti’s salary will be relatively small-fry compared.”
The long-term vision for Farhad Moshiri is to compete regularly in Europe’s elite competition.
But Champions League qualification is not out of the question this season with the Toffees 5th in the league, one point outside the top-four with a game in hand.