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Everton ‘need to raise transfer funds in the next five days’

Everton ‘should bring in transfer funds’ in the next five days as Chelsea and Tottenham get a major boost in their hunt for £50million-rated Richarlison…

  • Reports suggest Everton should raise money through player sales
  • Everton’s battles with financial fair play mean Richarlison could be sold
  • Chelsea and Tottenham would be interested in the Brazilian attacker

Everton must balance their books over the next five days to align with financial fair play, it has been reported.

Despite avoiding relegation last season, Everton’s financial situation remains precarious and the club may need to raise capital through player sales.

the athletic report that Everton will try to bring in players after June 30 – the FFP deadline – but in the meantime there could be expenses in an effort to balance the books.

Everton may have to sell Richarlison this summer due to their precarious financial position

Everton may have to sell Richarlison this summer due to their precarious financial position

Owner Farhad Moshiri’s time at Everton was marked by heavy and often reckless spending.

Over the past three years, Everton has lost an astonishing £372 million, but due to Covid it was judged to have fallen just below the Premier League’s £105 million loss cap.

Due to their financial difficulties, it has been suggested that Richarlison could leave the club with Chelsea and Tottenham Hotspur would be interested in the player.

The Brazilian is one of the cing-lub’s most valuable assets and is set to leave the club this summer in search of new pastures.

The Brazilian scored 11 goals last season to keep Everton in the Premier League

The Brazilian scored 11 goals last season to keep Everton in the Premier League

Everton’s need to balance the books means that, according to reports, they are likely to lose one key player before the window closes on September 1.

The FFP deadline, in addition to the club’s need to raise funds, means income cannot be expected until players have left the club.

Everton’s financial situation is such that Burnley and Leeds, the Merseyside club’s relegation rivals for much of last season, felt it necessary to suggest they could threaten the Toffees with legal action.

Thomas Tuchel will try to rebuild his team this summer, as Chelsea's new owners look to support their manager

Thomas Tuchel will try to rebuild his team this summer as Chelsea’s new owners look to support their manager

Such news would have put the two London giants on red alert, with both identifying Richarlison as a primary target this summer.

Chelsea are looking to rebuild their squad under new owners, led by Todd Boehly, while helping Thomas Tuchel this summer.

Meanwhile, Spurs, who were boosted early in the window by Antonio Conte’s pledge to stay at the club, are looking to bolster their front lines after qualifying for the Champions League on the final day of the season.

Antonio Conte will join his squad this summer after leading Spurs to the Champions League

Antonio Conte will join his squad this summer after leading Spurs to the Champions League

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