Everton have one of the most expensively-assembled squads in Europe.
According to a report by the CIES Football Observatory, Everton rank 11th in Europe in the list of the most expensively-assembled squads as their figure stands at £346 million.
The report calculates the amount each club have spent, including add-ons, to assemble their current squad and the Toffees just miss out on a top 10 spot despite finishing 26 points off the Premier League’s top four last term.
But that isn’t the scariest piece to come from the report. Everton are said to have spent more on their squad than German champions Bayern Munich (£342m) and Europa League winners Atletico Madrid (£301m).
Everton have been able to spend heavily due to the financial benefits of the Premier League, while major shareholder Farhad Moshiri seems intent on helping the club break in to the so-called ‘big six’.
After finishing 7th in the Premier League with an impressive 61 points under Ronald Koeman in the 2016-17 campaign, there was plenty of optimism about the Merseyside club’s chances of further progression.
But the figures detailed in the report illustrates what a poor job they’ve done in attempting to move forward, with millions of pounds spurned on players who are simply not good enough or past their peak.
The likes of Wayne Rooney and Davy Klassen arrived for big fees yet left 12 months later for less, while players such as Michael Keane, Gylfi Sigurdsson and Cenk Tosun have yet to live up to their extravagant price-tags.
New boss Marco Silva did lower the average age by signing Richarlison and Yerry Mina in the summer, but question marks remain as to whether their latest hefty investment turns out to be good business or not.
Receive exclusive football transfer news and updates twice a week to your mailbox
