The i Paper understands that a series of announcements from TFG are expected imminently as it looks to finalise a new executive structure capable of supporting its ambitious aim of competing for European qualification as early as next season.
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Everton have shown exactly why they need to leave Goodison Park
Read MoreThelwell continues to operate with a “business as usual” remit – with no change in his operating role – but he will now not be a driving force in one of the biggest close seasons in recent history at the club.
As well as a huge number of probable exits – 13 senior players are either out of contract or returning to parent clubs – Everton will benefit from a lower wage bill and a much improved position in regard to the Premier League‘s Profitability and Sustainability Rules (PSR) that should allow them to invest “significant” transfer fees in rebuilding their squad.
With Everton’s Premier League status looking much more secure, TFG has been able to move onto stage two of the project after a period of consolidation after the takeover in December.
It is understood that Everton are now increasingly confident of appointing Leeds United’s Angus Kinnear as chief executive after a lengthy process led by executive recruitment firm Nolan Partners.
square FOOTBALL Everton plot summer spending spree with 'significant' PSR headroom
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It will be a critical role in the new regime at Everton, with the CEO tasked with leading the club into a new era when they move to Bramley-Moore Dock.
The Toffees have been operating without a permanent CEO since Denise Barrett-Baxendale departed in 2023 and TFG acknowledged as part of their due diligence that there was a lack of “C-suite” experience at the club.
The promise of investment on and off the field is a stark contrast to the message of recent years, when Everton were focused solely on survival.
“I think the players have responded brilliantly well, the crowd have responded brilliantly well,” Moyes said.
It was the latest upbeat message from the Scot, who friends say has returned to Everton “re-energised” by the prospect of restoring the club’s former glories.
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