Given the going rate for buying into the top flight’s owners’ club, he might well have a point.
Everton takeover completed as Friedkin Group promise 'exciting new era'
Read MoreIf it is a good deal for Friedkin, it is an even better one for Everton.
A series of high interest, short-term loans were crippling the club, with insiders estimating repayments to be around £1m a week.
One insider likened it to “running a football club on payday loans”.
While sources say work remains “ongoing” on restructuring some of those debts, the £225m debt owed to Rights and Media Funding has now been paid off in full while the A-Cap loan, a hangover from the ill-fated 777 Partners, has also been “boxed off”.
Everton have been bought by the Friedkin Group (Photo: Getty)Any debt moving forward will be “long-term” and at “very favourable” rates.
If the club was being sustained on payday loans they now have a “sensible mortgage” – along with a gleaming new stadium which will increase matchday revenue by three times and help them navigate the Premier League’s Profitability and Sustainability Rules (PSR).
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Read MoreThe Friedkins are committed to strengthening the first team and any clubs expecting a cheap deal on Jarrad Branthwaite can forget it.
While the director of football has brighter long-term prospects – indeed he is set to remain, with football executives added alongside him – Dyche’s future still feels uncertain.
Whoever is manager, they can expect a very different outlook from the one Dyche has been used to.
The huge churn of out-of-contract players – 13 are set to leave in the summer – gives them an opportunity for the “rebuild of the decade”.
It is understood that the deeper TFG’s conversations with those working day-to-day at Everton have gone, the more impressed they have been with those who have manned the fort while the club have navigated such choppy waters
Everton takeover moves closer - here's what it means for Dyche and transfers
Read MoreWhile the Friedkins are high-profile they do not intend to follow Moshiri’s bizarre penchant for off-the-cuff statements or set-piece interviews with journalists.
“They are all about action rather than words,” one insider says.
“They want that transparency and communication.”
In the meantime Watts, a Harvard-educated lawyer who is the president of the Friedkin Group, takes over as executive chairman.
Farhad Moshiri’s turbulent reign comes to an end (Photo: Getty)
It is a far cry from the ad hoc stewardship of the unpredictable Moshiri, who arrived with big promises and turned out to be far from what was written on the brochure.
It nearly proved ruinous until the Friedkins intervened.
A new era beckons.
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