Dan Friedkin is set to pump hundreds of millions into Everton to boost their infrastructure but has been sent a PSR warning by Dan Plumley.
The Texan has agreed to a deal with Farhad Moshiri to purchase his 94.1 per cent stake [Il Messaggero, 16 June], and is expected to make a “substantial investment” [iNews, 18 June] into the club once the takeover is ratified by the Premier League.
But football finance expert Plumley has warned that he must be careful as PSR and FFP breaches are still possible, and has urged the club to separate non-PSR related investment to avoid any future problems.
“You’ve got to separate out the non-PSR stuff and the PSR stuff obviously, and the investment in training facilities, the women’s team, youth academy all fine and great,” he exclusively told Goodison News.
“I think the first-team squad is going to be an interesting one still because they’re still in a position where the finances of the club have not been great for the last few years with the problems they’ve hit with PSR.
“So you’ve still got to be mindful of that while it’s still in play, whatever happens with Premier League financial regulations.
“But there are gains you can make in investing in some of those other areas and the infrastructure, and they’re vitally important in the future as well.
