TFG are hugely ambitious. They have invested โฌ1bn in Roma & are trying to construct a new stadium. Roma are vying for a UCL place under Gasperini, who has been backed.
TFG have already injected ~ยฃ100m after taking over Everton per CH filings (on top of all the cash they spent acquiring the club). This number is now likely higher.
They attracted well known minority investors into Everton. They created the Pursuits Sport platform. They have also spun off the Women's team (with Goodison) and created an ambitious plan for growth there, attracting investors.
They arranged a long term, cheap refinancing of Everton's stadium debt.
They have created a commercial structure at the club which has attracted a slew of high profile sponsors.
In 17 months since taking over, the club has taken huge strides off the pitch in matters which TFG can directly influence.
On the pitch is where it matters & recruitment is fundamental. Introduction of SCR creates more head room than PSR.
So, I am perplexed by these comments. If SCR allowed us to, I am pretty sure TFG would support very sizeable spending.
But, it is down to Moyes & the recruitment team to maximise quality we have within the limit that is imposed by league rules.
The SCR limit we have will, from this summer be around 10th/11th highest in the league (reflecting where our turnover will rank).
So we can't spend billions, but we should be able to outspend half the teams in the league.
The absolute SCR ceiling will also grow as our revenues grow year on year.