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MANCHESTER, England : Everton chairman Bill Kenwright will remain in his role and majority shareholder Farhad Moshiri is joining the board of directors as the Premier League club navigates a time of transition.
Everton fans have vowed to intensify protests against the club’s hierarchy unless Bill Kenwright is removed as chairman.
Three members of Everton’s board left their roles on Monday and the chairman, Bill Kenwright, is expected to go in the next 48 hours in developments which signal the arrival of fresh investment.
Carlo Ancelotti, the Real Madrid coach and former manager of Everton, is suing the Premier League club in London’s high court.
Sean Dyche is nothing if not realistic and within minutes of achieving his sole aim of saving Everton from relegation he delivered his verdict on the state of the club – and it will have made for difficult listening for his bosses.
Why are they in this mess? Farhad Moshiri, Everton’s billionaire owner, has made a succession of erratic and ill-judged decisions since buying into the club seven years ago, starting with retaining members of a board that had failed to keep pace with its competitors. Everton’s descent has since accelerated with dreadful recruitment, mismanagement and incoherent strategy hallmarks of the Moshiri era. The owner’s generosity cannot be faulted – about £700m has been spent on transfers and the interminable stadium problem has almost been resolved, with an impressive new home under construction at Bramley Moore dock – but he has spent without a plan or patience. Sean Dyche is Everton’s eighth permanent manager in seven years, there have been three directors of football and huge financial losses have inevitably caught up with them. The club went into the season without an established goalscorer – with Dominic Calvert-Lewin injured and Richarlison sold – and compounded that grievous error by failing to make a January signing. They have paid a price that everyone else saw coming.
Everton have entered an exclusivity agreement with American firm MSP Sports Capital as they look to secure an injection of new investment.
Might Everton look back on the moment Yerry Mina prodded in to salvage an unlikely point deep into nine minutes of second-half stoppage time as a significant step in their fight for Premier League survival? Everton were desperate for something, anything to add to their points tally. Jordan Pickford had gone up for a corner moments earlier.