Jamie Carragher is never far away from discussing the ongoings at Everton, and, for the most part, his opinion is appreciated.
Much has been made about 777 Partners’ planned takeover of the club, with the Premier League yet to grant approval.
Financial Fair Play and Profit and Sustainability Rules have also been a hot topic after the Premier League initially deducted ten points from the Toffees.
Thankfully, four have been handed back, although the club aren’t out of the woods just yet, with a new charge set to be announced in April.
Now, Carragher has highlighted another issue he believes nobody is talking about.
Jamie Carragher identifies hidden issue
Talking on the latestOverlap Fan Debate, the former Liverpool defender highlighted the club’s wage bill after being questioned by a fan.
The fan said: “In terms of our charge, if you are doing player trading Everton are in credit over the last five years.”
Carragher replied: What was your wage bill like? I keep reading this. It doesn’t matter where your money comes from. Everton admitted over a three year period they were over £105 million. So when you keep talking about net spend or what you buy or sell, your wage bill is in that. No one ever mentions the wage bill.”
The fan responded, bringing up Carragher’s comments about Everton in 2012: “We sat here in 2021, and you said Everton were the worst-run club in the country, and I agreed with you. But there is mitigation with us, I feel.
“The pandemic affected everyone, the CEO of the Premier League says he couldn’t do his job properly because of it, but the bombed that out the way for Everton.”
The Sky Sports pundit added: “And Everton’s losses [during that time] were £50 million or £100 million more than everyone else, considering you haven’t got the biggest stadium or the most commercial stuff in.”
It feels as if choppier waters could be ahead. 777 Partners have loaned Everton over £180million. We are no closer to discovering whether the Miami-based firm will become the owners.
The current loans could become another financial burden if the Premier League deems them unfit to take charge. If the Toffees become reliant upon 777 Partners, the recent points deduction could look like a drop in the ocean.