Dele Alli: Kieran Maguire explains Everton’s ‘summer’ FFP plan after £40m news
The terms of the deal taking Dele Alli from Tottenham to Everton give his new club more room for manoeuvre in the summer.
So says finance guru Kieran Maguire, speaking exclusively to Football Insider about the 25-year-old’s deadline day move to Goodison Park.
Per the Telegraph‘s Matt Law on Monday (31 January), the deal is an initial free transfer bolstered by a £10million top-up after he plays 20 games.
And the total price of the deal could rise to £40m based on performance-related add-ons, according to Sky Sports the following day.
Maguire explains why the mechanics of the transfer appealed to Everton, whose position under profit and sustainability rules is precarious.
“This has been well thought through,” he told Football Insider‘s Adam Williams.
“Alli comes at a risk. His career has stalled so they don’t want to financially commit themselves unless he delivers.
“Secondly, under FFP, you are assessed on a rolling three-year total on the losses that you make.
“Everton have got 18 games left this season but they have no obligation to pay until he has played 20 games.
“Therefore, there will be no amortisation cost going through the 2020-21 accounts.
“That gives Everton a bit more wiggle room because in the summer they will try and shift the underperformers who are on high wages.
“You look at that squad and there are quite a few we haven’t seen for a while.
“They also have the cost of dismissing Benitez. So this deal does give them a little bit of breathing space.”
Alli, who has signed a two-and-a-half-year deal, netted two goals and supplied one assist in 18 matches for Spurs this term.
Everton are yet to release their accounts for 2020-21 but their last figures showed a league-record loss of £139.9m.
In other news, ex-teammate reveals what he’s “heard” about new Everton man Ashley Cole’s coaching.