Everton takeover fraught with dangers – 777 could pose bigger threat than relegation


In the end, his salary accounted for 92% of the club’s turnover and his lack of performance proved that he had been completely abandoned.

Everyone who followed Moshiri’s dream and turned a blind eye to the red flags was guilty when the club overspent and became overly reliant on its business relationship with Russian oligarch Alisher Usmanov.

To the outside world, the partnership between Usmanov and Everton is clearly as important as Sheikh Mansour’s partnership with Manchester City, albeit far less profitable. USM’s brand at Everton was once as prominent as Etihad’s at Manchester City.

No one linked to Everton is willing to do justice to Usmanov’s role, despite accusations that payments received from his sponsorship did not reflect market conditions at the time. For example, who else would pay Everton £30 million for “first refusal” on the naming rights to their new stadium?

Whenever anyone has been asked about this or whether Everton are at risk of breaching the PSR, those involved at the club have vigorously defended this.

No one seemed to realize that their actions could lead to charges, let alone punishment.

When that finally happened, rather than focusing all their anger on Moshiri or the board members who caused the chaos or acted as the source of the chaos, supporters and high-profile politicians turned the blame on the Premier League. Everton have no defense to the charges to which they pleaded guilty, so the focus is on the extent of the punishment.

Fans’ reaction to the final eight-point penalty was understandable. They consider the club their family. We all occasionally defend the indefensible in order to protect the people we care about most from what we perceive to be external attacks.

Fearing that points deductions would lead to relegation, they found many high-profile figures supporting their cause.

Manchester Mayor Andy Burnham – who I know cares deeply about Everton – effectively became interim chairman without any real executive at Goodison Park, and Barrett – Baxendale eventually left the club and Kenwright sadly passed away.

I become even more cynical when other politicians put themselves center stage and convince the masses that the Premier League is to blame for Everton’s woes rather than the club itself.

Even Mark Carney, the former governor of the Bank of England, decided to step in and question the impartiality of the Premier League’s independent committee in making judgments about clubs’ overspending.



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