Kieran Maguire issues verdict on 'Hollywood' signings after Everton takeover latest
Peter Kenyon would run a tighter ship at Everton and fans could expect less of the Hollywood signings that have characterised the Farhad Moshiri era.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about how the Toffees would look under new ownership.
The Telegraph reported on Tuesday (14 June) that a consortium fronted by ex-Man United and Chelsea tsar Kenyon is in talks to acquire Everton.
It is understood that the 68-year-old has signed heads of terms for exclusive negotiating rights ahead of a possible £500million deal.
Moshiri’s free-spending habits at Goodison Park have led the club to lose over £370m in the last three seasons alone.
And Maguire told fans to expect a more sustainable approach should Everton change hands.
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“It will be less Hollywood,” he told Football Insider’s Adam Williams.
“We haven’t seen any American owners come into the Premier League with a spend, spend, spend approach. Kroenke, FSG, the Glazers, it has all been tied to revenues and having some form of cost control as a basis.
“That gives you some form of launch point in terms of player recruitment. So, I expect that it would be more modest spending.
“Hopefully from Everton’s point of view, it will be more tailored spending too.”
Maguire told this site on Friday (17 June) that £500m would represent an overvaluation of Everton.
They recently made former Burnley defender James Tarkowski their first signing of the summer window