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Sean Dyche on Everton transfer plans, clears up Psr situation and lifts lid on dinner with…

Sean Dyche was speaking ahead of Everton's clash with Manchester City

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Sean Dyche speaks to the media during an Everton press conference this season

Sean Dyche speaks to the media during an Everton press conference this season

(Image: Tony McArdle/Everton FC)

Sean Dyche admits Everton's transfer business in January will be "tough" but has backed the club's new owners to build something more sustainable for the long-term after meeting with them this weekend. The Friedkin Group completed their purchase of Everton on Thursday after months of negotiations.

And Dyche, who met executive chairman Marc Watts and other members of the group this weekend for talks and dinner, has been left impressed by their approach and vision for Everton.

The former Burnley boss, who has guided Everton to three matches unbeaten in the Premier League, didn't rule out transfer business in January but admitted that it could be difficult due to the financial parameters set out by PSR rules.

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He said: "I still think it's going to be tough, the guidelines suggest it's still going to be quite guarded. It's not going to be the case where we can throw money everywhere.

"I don't think this group are going to do that anyway. They are going to build something, they words on stability and to put the club where it belongs, but give it the time needed. Certainly that's what they expressed to me."

Dyche was keen to clear up any "misconceptions" around Everton's PSR position, however, with the club's takeover and work behind-the-scenes now ensuring they are on a stable position after two previous points deductions for breaking financial rules.

He added: "I didn't want that to be misconstrued. What I mean is, there's still guidelines. It doesn't mean there's any trouble there. I was just suggesting there are rules that all clubs have to stay inside of.

"So that's something we've got to look at, the club are doing to make sure they are on the right side of it. I want to make that clear, there's no trouble. The guidelines would suggest we have a situation where there won't be endless money."

Dyche attended a dinner in Liverpool with representatives of the Friedkin Group this weekend and he says he has the owners' backing after guiding Everton through a difficult period on and off the pitch.

"It was a very casual dinner, a very nice dinner in the city," he said. "They were very good people to sit and chat with. There was some about Everton, about me and my past, about what I've found here. A lot of casual stuff and about themselves as individuals and as a group.

"It was nice to have a more informal chat with the guys who are here. So off the back of that so more of an assurance of what I am here.

"The thing that goes with the territory is you've got to win games. From the work I and we've collectively done, it's fair to say they've been happy with that. Hopefully we will continue that."

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