Farhad Moshiri may waste more money at Everton, therefore 777 Partners must step in.
Few Premier League clubs have made as many dubious transfer selections in recent years as Everton, who have developed a practice of making major gaffes.
There are players that arrived past their prime, such as Theo Walcott, and others, such as Jean Phillipe Gbamin, Omar Niasse, Davy Klaassen, and Cenk Tosun, who signed for large fees but failed to perform on the pitch, which has become a terrible trend of Farhad Moshiri’s ownership.
This summer, Sean Dyche’s financial circumstances at Goodison Park meant that he didn’t have enough finances in his transfer purse to make a bad transfer move, but that hasn’t stopped Everton from considering another problematic signing.
The Toffees were interested in signing Germany and former Bayern Munich defender Jerome Boateng on a free transfer when his contract with Ligue 1 side Lyon expired at the end of last season, according to Team Talk (5 October).
While many will remember the now-35-year-old for his sparkling career in Germany, where he won a slew of awards and even a World Cup with his national team, his career has stalled in recent years, with only eight Ligue 1 appearances last season.
Dyche is anxious to bolster his defense because he believes the Toffees are still lacking in quality, but a move for Boateng reflects the type of financial miscalculation that has occurred far too frequently under Moshiri’s ownership and demonstrates why 777 Partners must step in.
The American investment firm has agreed in principle to take over the Blues and acquire Moshiri’s 94.1 percent stake in Everton [Sky Sports, 15 September], and has already provided the Toffees with a substantial loan to cover the club’s development of their new stadium as well as current operating costs [The Athletic, 18 September].
With a takeover seeming increasingly imminent, 777 Partners should now step in to guarantee that they are not left paying the wage of another player much past his peak, especially given Boateng’s lack of fitness in his final few years of playing.
Boateng would have been a terrific signing for the Toffees in his peak, and no one would have questioned whether or not Everton should have made a move for the German. Now, though, he lacks the talent and fitness to routinely displace James Tarkowski or Jarrod Branthwaite.
It appears like the 35-year-old will return to Munich rather than move to Goodison Park, which might turn out to be a blessing in disguise for those already invested in the Blues as well as those hoping to take over the Toffees.
Following the latest Uefa developments, the Toffees are scheduled to host Euro 2028 matches.
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