Everton must overcome £300m problem with new Premier League 'plan'
As the Premier League pushes towards its 'New Deal for Football', one part of the plans will do precious little to aid the ability for Everton and others outside of the so-called 'big six' to compete on a more level playing field.
Everton's financial issues that they are starting to finally emerge from after last season's period of enforced austere approach were largely the result of the Toffees attempting to close the financial gap that existed between themselves and Liverpool, Manchester City, Manchester United, Chelsea, Arsenal and Tottenham Hotspur without having the revenue streams in place to support sustained heavy investment at those levels.
Owner Farhad Moshiri had been ambitious in wanting Everton to break the cycle in English football, but in order for the plan to work it meant the Toffees working to a strict timescale where they needed to make it into European football, specifically the Champions League, in order to sustain deliver the revenue growth to match the spend.
READ MORE: Michael Owen makes 'match made in heaven' claim about Everton signing
That didn't happen and last season was a campaign of tumult, with the unpopular appointment of Rafa Benitez ending in failure, the club spending just £1.5m in last summer's transfer window and narrowly avoiding what would have been a catastrophic relegation to the Championship.
The appointment of Frank Lampard helped steady the ship and this summer's business has helped improve an Everton side who have looked far more resolute this season as they seek a period of stability moving towards them taking residence in their new stadium at Bramley Moore Dock in 2024.
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New Everton stadium 'on Euro 2028 shortlist' as Liverpool's Anfield 'misses out'
The UK and Ireland's bid for the 2028 European Championships has reached its next stage as the shortlist of host stadiums has been cut to 10, according to the Times - although there is only space for one Merseyside ground.
As few as six English stadiums could be included in the bid for the tournament - in which the UK and Ireland are up against Turkey for the expanded 32-team edition - and Everton's Bramley-Moore Dock is seemingly in the running.
The waterside development has reportedly been included in the shortlist alongside the likes of Wembley, Old Trafford, the Tottenham Hotspur Stadium and, somewhat surprisingly, Stadium MK - home of League One outfit MK Dons.
Some of the most iconic grounds in the country have been omitted from the most recent list, with Liverpool's home alongside Stamford Bridge, Elland Road and the Emirates in missing out for varying reasons. The report suggests Anfield and Stamford Bridge are unlikely to make the cut because their 'pitches are too small'.
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