David Moyes admits there’s one ‘big issue’ that could crop up for Everton this summer despite PSR boost

David Moyes, the experienced manager, has expressed his concerns about a potential “big issue” that could affect Everton’s plans this summer, despite the recent boost provided by the Premier League’s Profit and Sustainability Regulations (PSR). Moyes, who has managed Everton in the past, believes that the Toffees’ financial situation could be a major obstacle in their pursuit of success.

The PSR boost has given Everton some much-needed breathing room, allowing them to invest in new players and improve their squad. However, Moyes is aware that the club’s financial constraints could still cause problems, particularly when it comes to attracting and retaining top talent.

“The big issue for Everton is going to be the financial situation,” Moyes said in a recent interview. “They’ve got a great boost from the PSR, but they still need to be careful with their finances. They can’t just go out and spend money willy-nilly, they need to be smart and strategic in their transfer dealings.”

Moyes’ comments are a stark reminder of the financial realities facing many Premier League clubs. Despite the influx of TV money and sponsorship deals, many clubs are still struggling to balance their books and comply with the PSR regulations.

Everton’s financial situation is particularly complex, with the club still reeling from the aftermath of Farhad Moshiri’s ill-fated ownership. The Iranian billionaire’s lavish spending and poor decision-making have left the club with a significant debt burden and a bloated wage bill.

Despite these challenges, Everton’s current manager, Sean Dyche, is optimistic about the club’s prospects. Dyche has been working hard to rebuild the squad and improve the team’s performances on the pitch.

However, Moyes’ comments serve as a timely reminder of the need for caution and prudence in the transfer market. Everton cannot afford to make costly mistakes or take unnecessary risks, particularly when it comes to signing new players.

The Toffees’ fans will be hoping that the club’s hierarchy has learned from past mistakes and will adopt a more sensible and sustainable approach to transfer dealings. With the right strategy and a bit of luck, Everton can still achieve their goals and become a force to be reckoned with in the Premier League.

Ultimately, Moyes’ comments highlight the need for Everton to be realistic about their ambitions and to prioritize financial stability over short-term success. By taking a prudent and strategic approach to the transfer market, the Toffees can build a strong foundation for long-term success and avoid the pitfalls of financial instability.