As Todd Boehly Chelsea takes over at Stamford Bridge, an agent representing Everton makes a claim against Farhad Moshiri.
Since Todd Boehly took control at Stamford Bridge, an agent has said that Chelsea have been like “Everton on speed.”
A source connected to agreements made by the London team since Clearlake Capital
took possession from Roman Abramovich in 2022 compared the team to the Toffees under Farhad Moshiri, according to a report published on The Times website on February 24.
Due in part to spending during the ownership transition, Everton is presently
awaiting the outcome of their appeal against a 10-point deduction for the first of two profit
and sustainability charges from the Premier League.
Meanwhile, Chelsea has notoriously spent more than £1 billion on transfers in less
than two years [Telegraph, 23 September] but seems to have regressed on the field.
The Times report said: “An agent close to deals during that period described it being
‘like [Farhad] Moshiri’s Everton on speed’.
“Every new American owner of a Premier League club has made mistakes at first,
and that usually the problem is outsourcing key decisions through lack of confidence about an alien sport,” said a
US lawyer engaged in prior American takeovers of English teams.
Boehly and Eghbali’s problem, however, was the opposite.
“They assumed they knew better right away, approaching the situation like Masters of the Universe.”
In the long run, Everton hopes that Moshiri’s legacy will be the new stadium—that is, if the team survives the extreme turmoil that his period has finally sunk into.
But currently it is set to be remembered for years of overspending for diminishing returns,
followed by a period of austerity as the club repeatedly battled relegation against
a backdrop of financial problems.
In that context most Toffees would tell anyone that the club’s blueprint was the last
one that should be followed, let alone multiplied, but it looks increasingly like that is
exactly what has happened at Stamford Bridge.
And just like Everton under Moshiri, the Boehly era at Stamford Bridge is still
without a trophy after they were defeated 1-0 by Liverpool in the Carabao Cup final on Sunday, February 25.
Though they are reportedly in the middle of a complex investigation, the Londoners have spent on such an eye-watering scale without a profit and sustainability charge yet materializing [Guardian, 16 November].
This is somewhat puzzling given the lack of expenditure at Goodison Park in recent years,
but if they keep going in the same direction, it sounds like it might not be too far off.
Read more related news on sporttoday.co.uk
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