Kieran Maguire makes ‘£100m’ Everton prediction after transfer news emerges via Sky
Everton will post a loss of around £100million for the next financial year – and that will limit them in the transfer market.
So says finance guru Kieran Maguire, speaking exclusively to Football Insider after the transfer window closed on 31 August.
The £1.8m arrival of Demarai Gray was the Toffees’ only fee-paying deal of the summer as four other players joined as free agents.
Sky Sports claimed on 26 August that Rafael Benitez was keen to add Brighton striker Neal Maupay before the close of the window.
But it is reported that FFP constraints were directly responsible for their inability to pursue a move for the 25-year-old.
And Maguire does not anticipate significant transfer outlay at Goodison in the near future.
“Financial fair play is a rolling three-year assessment period,” he told Football Insider correspondent Adam Williams.
“I think the challenge for Everton comes when you take a look at their losses. In 2018 it was £13m, in 2019 it was £112m, and in 2020 it was £140m.
“We are now in the three-year period of 2019-2020-2021. Yes, there will be some Covid allowances, but they still have relatively little wiggle room here.
“Even if you take a look at what they could do in the transfer market next summer, they still have those £140m losses to contend with.
“We also know that the losses are probably going to be in the region of £100m-plus for 2021.
“They have also got an issue in terms of their wages-to-income ratio. It was 85 per cent in 2019, 89 per cent in 2020.
“If you have that amount of money going out in wages, it means you don’t have much leeway in terms of what you can do in investing in talent.
“So I think there will have to be a balancing act at Goodison in terms of investment.“
In other news, pundit claims Everton fans will be “really update” by James Rodriguez latest.