Everton will be forced to navigate the January transfer window on a restricted budget, despite promises of a financial transformation from their new owners, the Friedkin Group.
Manager Sean Dyche, whose side is currently 16th in the Premier League, just three points above the relegation zone, is in urgent need of reinforcements to help stave off the threat of relegation. However, while the Friedkin Group’s arrival is expected to usher in a new era at Goodison Park, the club’s spending power will be constrained by Profit and Sustainability Rules (PSR), limiting their ability to make major signings this winter.
According to reports from The i, the likelihood of expensive acquisitions in January is “unlikely,” as Everton will be forced to operate with caution in the transfer market. Senior figures at the club have acknowledged that they cannot simply spend their way out of trouble, recognizing the need for a more strategic approach.
Although the Friedkin Group, which completed the purchase of the club from Farhad Moshiri in September, has already invested heavily, the funds have largely gone toward clearing debt, fulfilling obligations related to the construction of a new stadium, and covering daily operational costs. They have spent an estimated £200 million since taking control, but the ongoing regulatory process surrounding the takeover means that the club’s financial freedom remains limited for now. A positive conclusion to this regulatory phase is expected by the end of this week.