Sean Dyche set to be handed January transfer war chest as incoming Everton owners put faith in under-fire manager
EVERTON’S prospective new owners have committed to giving Sean Dyche significant transfer funds in January.
Friedkin Group representatives held talks with Toffees’ sporting director Kevin Thelwell since the £500million takeover deal was revealed last week.
RexSean Dyche will get a transfer-kitty boost if a takeover goes through[/caption]
US billionaire Dan Friedkin is closing on a buy-outGetty
The American investment group, who also own Italian side Roma, are understood to have provided assurances that cash will be available for boss Dyche.
And Everton are hopeful the Friedkin Group’s takeover will be approved by the Prem before Christmas.
The Merseyside outfit have no short-term funding problems as they have received most of their Premier League TV money for the season up front.
But a prompt takeover would give them extra spending power in January.
The Friedkin Group spent heavily at Roma and indicated they are willing to provide similar backing to Everton, as long as the club remain within the Premier League’s PSR limits.
The new owners are also committed to investing in Everton’s non-football departments and increasing the size of their executive team.
Everton were docked points twice last season after being found guilty of overspending.
But the club are confident they will not face charges for last term and have room to sign players in January’s window.
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There is one outstanding issue relating to the previous case, with the Premier League claiming Everton’s PSR breach for the 2022-23 season was £6.5m higher than the £16m overspend the club admitted to.
The Prem is alleging the breach was much higher as interest payments related to the club’s new stadium were not included in Everton’s spending and could charge them again.
Meanwhile, incoming TFG will look to clean up the club’s balance sheet and cut debt of about £600m.
They will also oversee the opening of the Merseysiders’ new 52,888-seater stadium at Bramley-Moore Dock which will be ready for the start of the 2025-26 season.
