Exclusive: Everton spending power update today
Everton are expected to be restrained in the transfer market due to their historic financial issues, sources have told Football Insider.
David Moyes is exploring options to strengthen his squad after the window opened on 1 January, but there is unlikely to be significant movement at the Hill Dickinson Stadium.
The Toffees’ priority is to sign a new striker following Beto and Theirno Barry’s issues in front of goal in the first half of the season.
Everton have discussed a deal to sign Jorgen Strand Larsen, but Wolves are believed to be looking for around £40million.
Sources say Everton are still recovering from their previous financial struggles and their spending is expected to be limited as a result.
The Merseyside giants were deducted eight points in the 2023-24 campaign after being charged with two separate profit and sustainability (PSR) breaches.
Why Everton’s PSR position could impact their January plans
The Friedkin Group (TFG), which is spearheaded by Dan Friedkin, has spent just over a year in charge of Everton after purchasing the club from Farhad Moshiri in December 2024.
TFG has invested heavily in Everton in recent months after bankrolling multiple injections worth more than £100m.
While some of that cash could go towards boosting Moyes’s transfer budget, it is largely expected to cover the day-to-day operations at the Hill Dickinson Stadium.
Everton sold their women’s team to a parent company over the summer in a move that is expected to generate a significant paper profit and ease their PSR fears.
However, the Toffees’ historic PSR issues still mean they have to be careful in the transfer market, with top-flight sides only permitted to lose £105m over a rolling three-year period under the spending rules.
Everton to make Iliman Ndiaye decision after transfer interest
Everton have enjoyed a reasonable first half of the season, with Moyes’s side sitting eighth in the Premier League table.
Although they could drop a couple of places depending on the results of the teams around them on Thursday, their 28-point return from 19 games is a significant improvement on previous campaigns.
Iliman Ndiaye, who is currently away at the Africa Cup of Nations with Senegal, has been a standout player in the opening months of the season.
Everton have received interest in Ndiaye from multiple clubs, but they are keen to ensure he will remain on Merseyside beyond the January window.
The Toffees’ next game sees them take on Brentford at the Hill Dickinson Stadium on Sunday (4 January).
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