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No money, no problems for Everton

Everton's Tim Cahill of Australia kicks the ball during a practice session in Sydney July 9, 2010. Everton is on a pre-season tour in Australia and will face Sydney FC on July 10. REUTERS/Daniel Munoz (AUSTRALIA - Tags: SPORT SOCCER)



The latest post from Sibi Gnanasundaram 

It’s official. Everton have no more cash to make any more signings in the transfer market this summer.

Moyes told The Mirror, "There’s no cash to sign any more players for the club for the time being so it’s unlikely we will be bringing any more new faces before the new season starts in August". 

So it looks like Magaye Gueye, Joao Silva, Jermaine Beckford, and Jan Mucha were all the signings we could afford. Jan Mucha signed a pre-contract deal in January, so we can’t completely consider that a summer signing. It’s hard to believe that the club only had £2 million (about £1 million each on Silva and Gueye and a free transfer for Beckford and Mucha) to spend for the whole summer. I knew we were cash strapped, but I had no idea that all the club had was £2 million for new signings. What this means is that all the rumors we heard surrounding some bigger named players like Landon Donovan, Craig Bellamy, Michael Bradley, Jan Vertonghen (we supposedly offered £10 million) and even some lesser known players were all completely based on losing Pienaar/Arteta/Jagielka or selling Yakubu.

What does this cash situation really mean for the club though?

For one thing, the whole Dan Gosling situation stings much more now. The club really could have used the £4 million or so they could have gotten for him. Also, get used to the squad we have right now because that’s most likely who you’ll be watching for at least a couple of months without any new faces. No need to complain, because there’s nothing the club can do anymore monetarily, unless we get a new owner. Personally, I am not too worried because I feel our squad is solid enough to compete with the top of the Premier League, as long as we do not have too many injuries.

 The season starts in just a couple of weeks now! Only a couple of more tune ups until the Blackburn Rover on August 14th. Blues fans, get ready!