Everton are ‘spiralling out of control’ and face ‘disaster’ after ‘terrifying’ update – pundit
Everton are “spiralling out of control” and heading for “disaster”.
That’s according to former Leeds United stopper Paddy Kenny, speaking exclusively to Football Insider after the Toffees’ released their accounts for the 2020/21 season.
As per those accounts, Everton lost £120.9million last season, the third straight season of the club losing more than £110million.
As per BBC Sport, Farhad Moshiri has pumped more than £600million into the club since he first purchased shares in Everton in 2016.
Despite this, the Toffees remain at risk of relegation with 11 league games remaining this season.
Kenny insists the club must undergo an overhaul this summer.
“Where has that money gone? Because they haven’t improved, they have gone backwards, it’s terrifying,” Kenny told Football Insider correspondent Ben Wild.
“They are spiralling out of control and something needs to change there because it’s unsustainable.
“People are talking about points deduction for them and that would not be good.
“Then you think about what might happen if they do get relegated, that would be a disaster.
“In any case, something does need to change and it needs to change quickly.
“A lot of players need to go in the summer, the club needs a rebuild.
“You can’t just throw money at things and hope it gets better.”
Everton lie 17th in the Premier League table but have two games in hand on 18th placed Watford.
They are next in action against West Ham on Sunday (3 April).
In other news, pundit claims Toffees board face Lampard fury after summer transfer update.