The question on Everton fans’ lips is how much the Toffees can actually spend this summer, well that has been answered.
It hasn’t yet exactly been revealed how much The Friedkin Group have at their disposal.
All fans know this window is that Everton expects to have a healthy transfer budget.
But how much of this budget can actually be used to revolutionise a squad where David Moyes is after four major signings?
Well, Football Finance Expert Kieran Maguire has explained exactly how it’s going to work for Everton and what they will ultimately have to do.
Photo by BEN STANSALL/AFP via Getty Images
Photo by BEN STANSALL/AFP via Getty Images
Kieran Maguire reveals Everton’s transfer budget for the summer
It’s set to be a game-changing window at Everton, and under the stewardship of The Friedkins, fans are hopeful.
Significant money is set to be given to Moyes and his backroom staff to strengthen areas which showed signs of weakness last season.
With the minimal chance of Europe in mind for the Scotsman, there will have to be extraordinary pieces of business done in the coming months, as the current squad just won’t cut it in terms of competing at the top.
MORE EVERTON STORIES
Well, speaking to BBC Sport, Maguire has explained Everton’s likely budget and why Moyes might have to sell a key part of his squad this summer to fund a ‘marquee signing’.
“One marquee signing is certainly possible, especially with some players out of contract, but the chances of a series of big names is less likely,” said Maguire.
“A spend of £50-£100m is the ballpark unless there are exits.”
READ MORE: Tim Cahill’s admission of £40m striker speaks volumes of why Everton can complete extraordinary transfer
It’s so obvious what Everton have to do this window to build on £100m budget
With this in mind, it’s slightly underwhelming compared to what other teams are suspected to spend.
Many of the big clubs end up spending a serious amount compared to Everton’s £100m, which could even be unlikely to say that.
PSR has taken its toll on the Toffees over the years, and Everton might have to make a big sacrifice.
This sacrifice being, Jarrad Branthwaite, and although it will hurt, his possible £70m transfer fee would go a long way in terms of strengthening the overall core of the squad.
Moyes will want to strengthen considerably on their fortunes this season, and by selling Branthwaite, it provides many opportunities in the market.
It’s a large price to pay for salvation, but if Chelsea want Branthwaite and match Everton’s asking price, it must be accepted.