Follow The Sportsman on Facebook
Football  /
Stats Powered By

“Throwing Money Is Not The Answer!” More Bad News For Everton Fans After Shareholder Meeting Amidst Premier League Rut

Everton manager Marco Silva: Sometimes maybe good, sometimes maybe...(you know the rest)
Everton manager Marco Silva: Sometimes maybe good, sometimes maybe...(you know the rest)

The Sportsman yesterday reported that Everton majority owner Farhad Moshiri attended his first general meeting since increasing his stake in the club in November to address shareholders at the Liverpool Philharmonic Hall.

The conversation inevitably turned to Everton’s drastic downturn in form in recent weeks which has procured just one win in eight league fixtures and seen the Toffees sliding down to the bottom half of the Premier League table.

Those fans wanting some stellar January signings - despite the £300million plus outlay in recent seasons - will have been left disappointed with the British-Iranian’s comments at the meeting, which were supported by the Blues’ director of football Marcel Brands.

"Financing is not everything. I have thrown £250m to turn a museum into a competitive outfit,” Moshiri said.

“You just have to get it right, throwing money is not the answer.”

Describing the previous era pre-Moshiri as a ‘museum’ may not sit well with a great deal of Everton fans, but supporters cannot say he hasn’t so far put his money where his mouth is; all but one of Everton’s 12 most expensive purchases have come from Moshiri’s pocket, with the £45million Gylfi Sigurdsson topping the list. He is also planning on ‘injecting’ money into Everton’s new £500m Bramley-Moore Dock Stadium.

"The transfer window is open, we know that, but we don't have big plans to be honest because it is a very difficult period to bring players in,"

Brands concurred at Everton's General Meeting (The Liverpool Echo).

"They have no time to adapt, the games go on and on.  Most of the time to aren't able to bring in the best players and we don't want to let our best players go.

"So it is difficult so if there is something necessary to do (we will) but I am more focused on the summer than on the January window.”

So it seems time and patience is on the agenda, more so than shelling out shedloads to bolster manager Marco Silva’s options.

Moshiri currently owns 68.6% of Everton, potentially rising to 77.2% by July. The Toffees are currently 11th in the Premier League table, and next have a crunch match at Goodison Park will fellow strugglers Bournemouth on January 13th.

Register with The Sportsman to personalise your news feed with your favourite sports and team.
Latest Football Articles
Bet Slip
Log In
Quick Deposit
Deposit Funds
Change Payment Method
Bet Placed
Retain Selections
Clear Slip
Free Bets
Bet Slip 0
| Join Now
Balance: £0.00
Log Out
The line, odds or availability of your selections has changed.
Remove All
Click a price to add a selection
To view multiples
Multiple options are restricted for the highlighted selections
The line, odds or availability of your selections has changed.
Accept Changes
Total Stake:
£ 0.00

Estimated Returns:
£ 0.00
£ Place Bet
Bet on Bet365 website
New To Bet365?
BET365 ACCOUNT? New Customer Offer
The Sportsman is an officially endorsed bet365 betting partner. All bets are placed securely via our API link-up with bet365 and no data or transactional information is sahred with or accessible by the sportsman.com. Bets are accepted in accordance with the operator's Rules and Terms and Conditions.