Everton face cash-flow issues as new ‘problem’ emerges – Stefan Borson

Everton are likely to face cash-flow issues later this year following the collapse of their latest takeover deal.

That is the view of finance expert Stefan Borson, who exclusively told Football Insider the money will start to dry up between October and November, which will become a “problem” as the Merseyside giants look to pay their bills.

The Friedkin Group – spearheaded by Dan Friedkin – was handed exclusivity in June after agreeing a deal in principle with owner Farhad Moshiri to take on his 94.1-per-cent stake at Goodison Park.

But risks associated to the £200million loan provided to Everton by former prospective owner 777 Partners to pay the operating costs last season are believed to be the driving force behind Friedkin’s deal collapsing.

Moshiri is now looking to strike a new takeover deal, with the Merseysiders’ financial troubles posing a cause for concern heading into next season.

Everton financial issues exacerbated by high wage bill

Borson believes paying the bills throughout the autumn is going to be difficult for Everton due to their high wage bill.

He told Football Insider: “They may be fine for this month, next month and maybe even September in terms of cash.

“But as we get into the autumn, Everton’s spending and cash flow is going to become a problem because their wage bill is very significant as with every Premier League team.