Harrison Armstrong Represents Hope for a New Everton... That’s Why He Can’t Be Sold

Surely Everton have a structure now whereby they wont sell their best players? The club is rebuilding and Harrison is key to this.
He plays with energy and purpose abd maturitu bryond his years and I pray by the fact he plaued today he isn't getting sold.

Still developing but what a prospect..

What happens between now Tuesday night, who knows, but hopefully Everton won trade Harrison.

I'd be very surprised if TFG are remotely interested in selling Armstrong.

Ndiaye, yes. Age and form mean that he will never again be worth as much as he is now (circa £70m). So you could see the logic in cashing in and trusting George, Johnson, Dibling and maybe Grealish on loan.

Armstrong would be a short term boost to the finances - but we would be losing a player who (a) could be a First XI player for the next 10 years or more and (b) could be worth double by the end of the season (£40m is really not a big fee at all). It's the sort of thing we might have done pre-TFG when we were teetering on insolvency - but not now. It doesn't make footballing or financial sense.

If you ever need reminding just how far we have fallen down footballs pyramid this is stark reminder. Forest must think that there is a chance that we might sell young Harrison presumably believing that they can offer him a better chance of success. I think that this close season transfer market has gone mad, with Clubs trading players for vastly inflated sums, whilst thus far we seem to have been prudent and sensible.

But were we to even consider selling young Harrison to a 'smaller' Club we would destroy any notion that we take our Academy seriously, hoping that we can one day have a nucellus of home grown players. It would just make No sense and would seriously question just what is the Clubs strategy and ambition.

I remember once many years ago going to Goodison when somebody in the Park End was holding up a poster with the words, ' If Dave goes we all go '. He was of course referring to Dave Hickson, sadly it seems some things don't change.

The long agonising wait for a RB is over.
We have agreed personal terms with Fulham’s Kenny Tete.

Looks like Kinnear was true to his word after all.

Tete. About as underwhelming as it could get possibly get.
The next few days could get very hairy if we lose players and don’t get quality through the door.

Hello Ell. As I've written for weeks on Twitter, Everton are in the strongest financial position we have been in for 30 years. This is backed up by Angus Kinnear's own words in his BBC Radio Merseyside interview (URL: https://www.bbc.co.uk/programmes/p0p53nc0) last week where he stated our revenue numbers, which have actively exceeded expectations.

- 2023/2024 Revenue: £172 million (Audited Baseline)

- 2024/2025 Revenue: £196 million (+13.9% Growth)

- 2025/2026 Revenue: £265 million (+35.2% Growth — Unaudited CEO figure)

For the current 2026/2027 cycle, a conservative +8.5% estimate projects a baseline revenue of £287.5 million. If we secure an 8th-place finish or higher plus European qualification, our revenues will easily exceed £300 million. We can safely project the +8.5% baseline because season ticket prices alone were increased by 10%, alongside incoming revenue from CMC Markets, new commercial sponsorships, and non-matchday stadium events.

Our structural organic growth rate is currently outpacing almost everyone in the Premier League. Our 4-year target CAGR outclasses our immediate peers—even when factoring in their premium European football prize distributions:

- Everton: +15.0% CAGR (Upside Target)

- Aston Villa: +14.12% CAGR

- Arsenal: +12.14% CAGR

- Tottenham Hotspur: +5.50% CAGR

While launching a large CAGR from a smaller revenue base is naturally easier to achieve, it proves mathematically that the historic financial gap between us and the top of the pyramid is actively narrowing. Furthermore, since The Friedkin Group (TFG) took the keys, our loan-servicing interest costs have been cut cleanly in half, and operational cash flow is up.

Quite simply, there is absolutely no business logic to selling Harrison Armstrong to a domestic competitor for a derisory fee.

1. SCR compliance is not an issue (we sit comfortably below the 80% mark).

2. Cash flow is not an issue.

3. Debt management is not an issue.

On every single fundamental corporate metric, Everton is performing beautifully.

As a business, this club still carries the painful scars of 20 years ago when Bill Kenwright sold our future for personal, selfish reasons. That single Wayne Rooney sale scarred a generation and held this club back for decades. I wrote earlier this summer on this very site about the urgent need to completely discard the "plucky little Everton" mentality (https://evertonia.com/submissions/46082.html) and continue to push the club to act like a giant. I was hoping that shift was finally coming to pass, but seeing David Ornstein's face on TNT Sports this morning reporting a Forest bid brings back the worst memories.

Unlike clubs like Nottingham Forest, we structurally do not need a big player sale to comply with the league's Squad Cost Ratio rules. We already comply.The mere contemplation of selling Harrison Armstrong is deeply troubling. It defies sporting and corporate logic. The fanbase expected the club to build a long-term team around the core of Armstrong, Jarrad Branthwaite, Jordan Pickford, and Kiernan Dewsbury-Hall. To cash in now defies any logic at all

Kenny Tete - a year after we first tried to sign him.

Silver lining - he is at least an experienced specialist and should instantly improve our first XI. Low key signings like this sometimes help the team as a whole to click.

Downside - despite the improvement, only Hull definitely have a worse RB than us, still.

Money is obviously still very tight indeed.

Mark I don't know where you got those figures from - but most of the publicly available stuff has us at around £196m revenue - essentially neck and neck with Palace. That's a touch ahead of Brentford and Bournemouth and behind Brighton and Forest. Your figures might be right, I honestly don't know, but I haven't seen anything remotely that high anywhere.

Also, just because a club makes a bid for a player - doesn't mean that player's existing club is contemplating sale. It just means another club is trying to buy. A number of our own failed bids this summer seem to back that up. Let's hope that's how it plays out with Armstrong.

Robert (8) Mark’s figure of £265m revenue for 2025/26 is correct based on what we heard from Angus Kinnear recently.

I usually err on the side of pragmatism but selling Armstrong for £40m or anything like that at this point in his career would be shameful. Not one Evertonian I have met today, and I have met many, thinks it makes any sense from a footballing or financial perspective. It would destroy any hope of building a young squad with an identity, energy and talent.

Another article dripping with misery.

Some of our fans wouldn't have it any other way.

The club is on the up and there is a lot to be optimistic about.

Robert (8) I am directly quoting Angus Kinnear and his BBC Radio Merseyside interview he gave last week for 2025/2026 (URL: https://www.bbc.co.uk/programmes/p0p53nc0)

The source is cited I would suggest you listen to the detail yourself. It is free to listen to for UK residents.

This is from the CEO of the club as explained in the comment. It is the unaudited reported revenue yet to be published at Companies House but is based on his statement.

It also favourably compares to The Esk's projections dated 18 May 2026 : Title: "Everton: the projected financial cost of missing Europe" (URL: https://theesk.org/2026/05/18/everton-the-projected-financial-cost-of-missing-europe/). Where The Esk projected Everton revenue at £250 million to £260 million for 2025/2026.

The £196 million figure is for the 2024/2025 last season at Goodison Park. The business has fundamentally transformed from that period and so those figures are totally out of date to current Everton -reality.

I posted in another place that I don’t think Armstrong will be sold.

The facts seem to be that Forest have made a bid in the region of £40 M for the player,hardly surprising given the players ability and potential.
What is surprising is that if other top clubs are aware that he is possibly available that there doesn’t appear to be any evidence of their interest.

There’s also no evidence so far that Everton are in negotiations with Forest over a deal,surely there would be offers and counter offers flying about all of which takes time and time is fast running out.

All this has a funny smell about it.

Couldn’t be perhaps,that the club are content to let this run to divert attention from their complete failure to deliver the players we need namely 2FB’s,a coverCB and a goal scorer?

Of course another scenario could be that TFG could really be the Machiavellian asset stripping American business men that many Evertonians believe they are.

The next few days could prove very interesting.

John (9) it would not simply be shameful. It would be an act of corporate self harm. You are correct. Not a single Everton fan I have spoken to thinks this is a good idea. My 80 year old father (first Everton game 1963 Everton vs Inter Milan) thinks and I quote "this is crackers".

The fundamental view is you cannot build "a team" if you continue to sell out your best and most promising players from up under you and the fans that do the paying to build the team!

That is what Squad Cost Ratio (SCR) rules cause. The owners aren't paying now. Equity injections to fund football operations costs in SCR scope are banned. We fans are. With every penny we put into the club.

Harrison Armstrong has Champions League class written all over him. He has been at the heart of our unbeaten start to the season. He is one of us. It's wonderful to have a boyhood Evertonian in the dressing room, to explain to teammates from elsewhere what this club means to fans.

Until news of this possible sale broke, Evertonians were at their most optimistic for a long, long time. Now we, or at least many Blues I know, are seething. The vibes have gone from positive to negative. I know of several Blues who have said today they're finished with Everton if this sale goes ahead. For them, it's the straw that breaks the camel's back.

The lad is still a teenager. Does he want to move away just yet?

I am praying that the lad simply says: No, I am staying. I want to play for Everton.

That will make him a hero.

He will have plenty of opportunities to move on in the future. And to sunnier places than Nottingham.

Supposedly, Fulham are happy to do the Tete deal as they are a signing 28yr old Andrei Ratju from Rayo Vallecano.

Intrigued to see how Ratju performs as he is bang in our preferred age range for the position.

Bobby (10), would you be happy if we sold our brightest academy product, who could possibly be in the Elliot Anderson value bracket within 3 years, for just £40m to a club that finished below us in two of the last two seasons?

Apart from the initial cash boost and, possibly, another new signing before the window (of what quality?) there is nothing positive about doing that deal.

The bitter irony is that people were suddenly starting to feel some optimism with Armstrong in the team over the past few weeks!

Encouraging to see the revenue figures improve then Mark - as this is what will enable us to kick on as a club going forwards. For context though, revenue of £260m is still not a great deal in Premier League terms. For example, that's still £100m adrift of where Villa were two years ago - and £300m adrift of where Spurs were two years ago.

Whatever the case, we still seem to be approaching this summer window as though we are poor. Personally I doubt that is TFG milking the club, more a case of building better longer term foundations.

Our skinflint summer spending doesn't necessarily translate to doom and gloom either. The five players we've bought this summer all look like good signings. As I have said above in this thread, Tete is underwhelming but a low key signing like that in the right position can help a team to click.

There may yet be one or even two more incoming transfers before the window shuts - so best to reserve judgement until then. In the meantime, a very solid start to the opening three games (compared with some of our big spending rivals).

Robert (17), that figure for Aston Villa is with them having Champions League (2024/2025) and for context they have also had: Europa League (2025/2026) then Champions League (2026/2027). Along with a previous year Europa League (2023/2024). Everton haven't had Europe for 9 years.

Everton's growth is pure organic growth from structural advantages (the stadium and/or commercial revenue) for which we have a window of opportunity. It contains zero European revenues unlike Aston Villa

You're making the mistake of looking at headline figures and not: growth rate or CAGR %.

Growth rate is what is key and if Everton get Europe we will relatively quickly over take competitors. Because of that base growth rate. No one has a higher organic growth rate CAGR % than Everton right now. As I demonstrated earlier.

It is that absence of organic growth rate that led Aston Villa to have to sell players under PSR (prior to 01 June 2026) and SCR (as of 01 June 2026) because their revenue to football operations costs ratio isn't sufficient. Hence why they are now doing ground redevelopment to address their structural weakness.

Everton do not have that issue. The Ground is in place that Aston Villa is trying to reach now as quickly as possible.

Also because SCR looks at current year only, unlike PSR. Everton have a structural advantage on other clubs they won't bridge for 2 to 5 years in many cases.

Similar issue for Forest and others. Forest have to find another big sale next year to fund their SCR. Just like Elliot Anderson this summer. They do not comply organically with SCR, without player sales. Everton do. We now are in a rush to try and get Europe to slingshot our revenues past our competitors.

If this does come to pass, then may I suggest that we drop the “Nil Satis …..” Latin motto that we’ve had for the past 148 years, and substitute it with “Laete Insatisfactus”

Everton are not competing with the top six now. They are competing with the new data driven Clubs, the Nottingham forests, the Bournemouth's, the Brightons, the Palaces and Ipswich of the football works, all who have a better infrastructure physically and Managerially to attract youth players.

The truth is that while Banthwaite and idaye are where the money is,they are not the Champions League level physically / technically that Premier Clubs are looking for.But the other option that they are looking for if they can't afford Champions League level is the proven young players with potentiol.Which Everton do have, though are lagging in developing..

This is a wake up call for us all,if Everyone are pimping this potential in the shop window.This does not confirm to a progressive plan.I think we all know that.

While we are financially more viable compared to the past, we are, as the gentlemen mentioned above, still miles away from raking in top-tier revenue.

Also:

1) That £38 Million payment to Burnley is becoming more a factor on the books as time goes by. We might still be in the midst of arbitration process and have not paid that amount, but it seems the fund is now in accrual.

2) TFG is preparing to start a new National Hockey League (NHL) team in either Houston (their HQ) or nearby Austin by either 2027 or 2028. The potential entry fee to the "NHL Fraternity" is USD 700 Million (£517 Million eq.)

While TFG might have lined up funding lines from banks and financial institutions for the NHL Entry Fees, but what happened with us (and Roma) this summer in terms of transfers certainly suggest that the 2 big fat elephants above might have made TFG more prudent than they can.

Mark#14

Great analysis.I also suggest that you look at training infrastructure which is a bit of a eye opener when compared to all the data driven Clubs.A young player bar he likes alot of blue, would be more impressed.Nowadays younger players come through academies from a young age.There is probably plenty of information on training and management facilities when they make their selection on where they want to go.Everton for years hadn't been the best career option and it may be considered a stepping stone into a better shop window.That is where the glaring problem lies at Everyon..In the same period Everton have spent £4 million(( a Council Loan ) whilst Man City have spent £200 million, just to show you where the upper bar is. All the top 7 Clubs own their own training ground and have spent considerably more than Everton on training infrastructure and data driven investment.

That is why Armstrong is consenting to being in the shop window.

I really hope to God that we refuse the bid, but we have seen players sold at Newcastle, Villa and most likely Spuds with European experience for big amounts. None of our current crop has that. The way it's going if we start selling the best of what we have, then they are even less likely to achieve it in the near future if they are lucky. We are feeding those with money will be the accusation and it will be hard to deny.

I have banged the drum about a lack of unison at the top of the club, been skeptical about our CEOs media push to fend off criticism and his promised phase 2 of a rebuild. For once, no matter how much you are critical of Moyes, this is not his doing, he is not happy, hasn't been since being branded his efforts were branded as a failure for not getting a European place.

His demeanor is angry, dejected, frustrated. In short it seems he has little say in what he used to think that he had the final say in transfers.

We are some 48 hours from the deadline, three of Evertons better players are subject of realistic interest. O'Brien, lliman and now Harrison with no stated interest on several who should go.

That's not a rebuilding, that's asset stripping. Bringing in 30 year olds is a season stop gap, nothing else. Kick the can down the road, bank the profit, change the manager. Repeat.

Moyes will be gone, the slick mouthpiece continues to expand revenues while fans tear their hair out and of course, all is going to plan for the silent TFG.

A 30 year old is coming, Richarlison is leaving Spurs, Grealish might I'd we can do a loan deal. Nothing like the best...a far more pragmatic motto for TFG.

I too don't want him to go to Forest, but I have to ask, What happens to him when everyone is fit?

We have 3 starting midfielders, basically an attacking, a central and a defensive Midfielder. KDH is our attacking midfielder and with no goals and one assist in 17 League appearances, Harrison surely isn't starting in front of him.

Nørgaard has been brought in to replace Gana as defensive midfielder, a specialist position that requires great tactical knowledge, where to be and when. At the moment, not surprisingly, I don't see Harrison having that knowledge.

That just leaves the position in between. That's Garner's position, and last season, Garner was one of the very best in the country.

He's not only competing with them for a starting position, Hackney is highly rated and Röhl is an excellent prospect who probably suffers for being so versatile.

Maybe Armstrong would fancy the move away, seeing the path to a more assured starting spot in a team not so stocked with competition.

I think it's also worth remembering if he does become the player fans are bigging him up to be, will his views be any different from Rooney, Barkley, Gordon, Stones, Jeffers et al? I can think of only Baines who elected to stay. The odds aren't good!

No sale (per Athletic)….

According to recent reports The Friedkin group have decided not to sell Harrison Armstrong to Forest and have backtracked on their initial decision and he will be staying.

Worrying times, TFG thought they could flog one of our best assets for pure profit and no one bat an eye? Just what were they thinking? I’m not liking what I’m seeing from these Americans thus far.

Great news!

Unfortunately it tells us a great deal about TFG
To even consider the bid sends out all the wrong messages
and shows no forward thinking. He may not become the player we are hoping he'll become but that isn't the point.

Beginning to worry about our owners now to be honest

No doubt a P.R media follow up about how we listen to our fans etc over to you Mr Kinnear

Dejected – Depressed – Disillusioned…

I’ve been finding it hard to put my feelings into words since hearing the news about Harrison Armstrong…Instead of being denied and given short shrift by Everton’s owner’s it appears to be under serious consideration, no wonder Moyes has misery etched all over his face.
Then on Toffeeweb I read a long and informative post from Mike Gaynes- who also posts on our site. I urge all to read this post-number 299 in the Would Everton sell Harrison Armstrong article.
It describes in relevant detail exactly why Harrison should not be sold and the reaction of the vast majority of our fans if this sale was to happen.
After reading MG’s post I’m left with some optimism that Everton’s hierarchy will come to their senses but if they don’t there is one word that comes readily to mind as to how TFG will be thought of, by me at least…DESPISED.

Dejected – Depressed – Disillusioned…

I’ve been finding it hard to put my feelings into words since hearing the news about Harrison Armstrong…Instead of being denied and given short shrift by Everton’s owner’s it appears to be under serious consideration, no wonder Moyes has misery etched all over his face.
Then on Toffeeweb I read a long and informative post from Mike Gaynes- who also posts on our site. I urge all to read this post-number 299 in the Would Everton sell Harrison Armstrong article.
It describes in relevant detail exactly why Harrison should not be sold and the reaction of the vast majority of our fans if this sale was to happen.
After reading MG’s post I’m left with some optimism that Everton’s hierarchy will come to their senses but if they don’t there is one word that comes readily to mind as to how TFG will be thought of, by me at least…DESPISED.

Dejected – Depressed – Disillusioned…

I’ve been finding it hard to put my feelings into words since hearing the news about Harrison Armstrong…Instead of being denied and given short shrift by Everton’s owner’s it appears to be under serious consideration, no wonder Moyes has misery etched all over his face.
Then on Toffeeweb I read a long and informative post from Mike Gaynes- who also posts on our site. I urge all to read this post-number 299 in the Would Everton sell Harrison Armstrong article.
It describes in relevant detail exactly why Harrison should not be sold and the reaction of the vast majority of our fans if this sale was to happen.
After reading MG’s post I’m left with some optimism that Everton’s hierarchy will come to their senses but if they don’t there is one word that comes readily to mind as to how TFG will be thought of, by me at least…DESPISED.

John (24) As we all know the modern game involves having two players, ready and able to cover each position in the team. We can no longer think in terms of a starting eleven week in, week out. Ideally managers need to have enough options on the bench to deploy sixteen players with no reduction in quality. Yesterday Moyes used all five substitutes. How pleasing it was to see players of the quality of Hayden Hackney and Brennan Johnson enter the fray as we chased the game.

That Armstrong was deemed by his manager as worthy of a starting place yesterday suggests he is very much in contention for regular inclusion. As a young player it is more likely than not he will at some stage lose form or suffer fatigue. At that point it will be right for the manager to pull him out of the team for a spell.

A fully fit squad is a rare thing. Players lose form, suffer injuries and become fatigued. Competition for places is a wonderful thing for managers and fans and ultimately for players themselves. That’s what Armstrong and others bring to the squad. It will be for him and Nørgaard and Hackney and Garner and Dewsbury-Hall and Iroegbunam and Alcaraz to prove their worth game by game. I hope they are all still with us on Wednesday morning.

Armstrong isn't leaving, however I'm expecting us to make the Ndiaye deal.

We are being offered huge money for a player that wants to leave and won't sign a new deal. It would be the correct decision in my view.

Good new if Armstrong is out of the shop window.

Good new if Armstrong is out of the shop window.

Good new if Armstrong is out of the shop window.

Hang on - Harrison Armstrong is not being sold. Yes, Notts Forest put in a bid presumably testing whether we needed to sell - as they did when getting lucky with Anderson from Newcastle a couple of seasons ago. However, we have turned them down.

None of us know whether TFG actually ever contemplated selling - all we know is that they have rejected the bid and Armstrong therefore seems to be staying.

That is good news isn't it?

Beyond that, there's a flurry of rumours (as always happens at this stage of the window) in different categories.

1. players being hawked around the entire continent by agents / selling clubs - but where we probably have no actual interest:

- see Hugo Larsson and Pape Matar Sarr

2. contingency plans in case Ndiaye leaves:

- see Jamie Leweling, Jean-Matteo Bahoya and Jack Grealish

3. the elusive RB

- see Kenny Tete (is that deal done and just waiting to be announced?), and Javi Rodriguez (who is primarily an elegant CB but also a RB (and a more natural RB than O'Brien)

4. possible forward options (which might happen if we can secure a deal on very favourable financial terms)

- see Richarlison, Zian Flemming and Franculino Dju

Other names will come and go too, of course. Let's see what happens.

Athletic reporting we’ve agreed a deal with Spurs for Ndiaye with Richarlison coming our way.

I am beginning to despair. Yesterday we were apparently willing to sell young Harrison Armstrong to Forest, and in view of Jake O'Brien's continued position on the bench it looks likely that he too might be available. It now seems that the fans quick protest have resulted in a change of heart and Harrison is going no where.

All embarrassing but better news. Then today we are apparently just about to sign Kenny Tete, who is 30, and unable to get into Fulham's team but is reportedly earning £65,000 a week (we all know we need a right back but why him ? ). And the reported deal of the day seems to suggest Ndiaye, is on his way to Spurs, with Richardson coming back to us. Oh and we are still in discussion with City about a potential return of Grealish.

What does this all mean ? Well as far as I can see it all looks chaotic. Far away from the days when young Mr Moyes would take weeks of analysis and research before signing a player, no wonder he looks frustrated. For me as just a regular supporter I like to feel our Club is being managed and run by people who know what they are doing and based on current evidence that's just not the case.

Thankfully, if Sky Sports online news is anything to go by this story has now run it's course and the board have unanimously agreed Armstrong will stay. But how on earth did we get to this stage in the first place? Nottingham Forest, Nottingham Forest, yes I'll say it again Nottingham Forest are looking at us as a soft touch. If it was Man City, Arsenal, maybe Chelsea or even Man Utd I'd say fair doos as the lad would get a big pay day and he'd get Europe, but not Forest. In my opinion, even though I have a lot of respect for Forest, history, fan base and ambition it would be a step backward for the lad from Everton. Why didn't the board shut this down immediately and treat it (£40m) with the contempt it deserves? Now they need to get a backbone and say Ndiaye is staying unless it's an obscene amount. Richy is a yes from me only because Barry and Beto are useless. No wonder Ndiaye wants to leave. He works his socks off to see chances squandered every week.

Mark, I agree completely about Armstrong. The club can’t stop Forest, or anyone else, leaking to the press to try and unsettle a player but as soon as these rumours started the club should have been publicly stating he was not for sale, not 2 hours or more after all the speculation started.
I think the position re Ndiaye is slightly different as he has on several occasions turned down a new contract. With George showing promise and Johnson joining, a good fee is probably a way of raising funds we can use elsewhere

Should have been 24 hours!

If N'Diaye's head is gone, then off with him. I think there is a lot of grit and fight, as well as talent in a player like Richarlison. He's also been hitting double figures for goals in a poor Spurs team for a couple of seasons.

If we ha e to pay a little.more than we would like for Richarlison, then so ne it. A decent player swap, with some cash coming our way, is alright for me. As others have said, the market is just madness, daft.

Robert @36, great post. If we get most of those deals done, in any way our favour, last minute or not, then it's been a good end to the window. Early on the season to boot.

So according to the BBC, N'diaye is now in talks with Spurs, from whom Everton want Richarlison, and Everton are also looking at Grealish again and Tete...

I may not be a football manager, and yes, Everton has a small squad, but why on earth does the club want 10 midfielders?

Tyrique George

Tyler Dibling

Harrison Armstrong

Hayden Hackney

Kiernan Dewsbury-Hall

Charlie Alcaraz

Merlin Röhl

James Garner

Brennan Johnson

...plus N'diaye (or Richarlison if the deal goes ahead).

With that fund of players, can anyone tell me why Grealish would be needed? Or if thoughts are that he is simply THAT good, why then would Richarlison be needed?

All of this dumbfounds me if I am honest, and together with the lack of progress on the RB front (yes - I consider buying a 30yr old as a lack of progress)... I mean, what the absolute F!

According to Transfermarkt, the fees agreed between the clubs are:

- Ndiaye €70.1m (for a 26 year old with 3 years left on contract)

- Richarlison €40.9m (for a 29 year old with 1 year left on contract)

That gives us a balance of €30m-ish (or £25m in sterling).

Sad to see Ndiaye go and, to be honest, that's a disappointing set of financials but it looks like we need this to happen to give us the (?) €20m reported to be the fee for Kenny Tete. And I guess we probably beat the market by some measure for most of the other deals done. Some you win, some you lose.

Obviously you can only judge the wisdom of these deals with hindsight but all in all that would seem to be a decent window (obviously with some pros and cons). Hopefully there is enough down the back of the sofa to bring in Grealish on loan too.

John #40 & Kieran 42, you are both correct of course. He has turned down a new contract and his head is turned, I'm just thinking we should be trying harder to keep our best players. You are right though his head was turned during the WC, probably before that when we collapsed in the infamous last seven.

Rupert makes a good point about our over abundance of midfielders and light elsewhere.

Grealish is an interesting one. He adds to the experience (that suits Moyes) where a number of others are younger. I'd be interested to know how much commercial kudos he brings, shirt sales, club profile, anything else?? Maybe that covers his wages.

Rupert #43

Grealish replaces Ndiaye.

Bobby @46 - so what is Richarlison needed for then? My thinking is that Richarlison and George would be enough cover for left-mid... with of course Alcaraz in back up? I just simply do not see the need for that many midfielders... and it is not as if Grealish is on reasonable wages either...

Richarlison is needed because we have two useless strikers, although his transfer fee is ridiculous thanks to having a team of useless negotiators.

Rupert #47

Richarlison plays up front.

Robert #44, if those figures are correct, then we have had our pants pulled down by Spurs yet again.

Ndiaye is £70m+, Richy is (with 1 year left on his contract) £25m tops.

A carefully planned, structured and strategic approach to the transfer window? It began well in July but appears to be ending with some desperate, last ditch attempts to plug gaps in both a football and financial sense.

We will not know how it all pans out until late tomorrow. Probably best to reserve judgement until then.

Harry @4 - quite why we are signing Tete beats me on a number of fronts.
1.He agreed to sign for us 12 months ago and then chose to accept an improved contract from Fulham. Dodgy or what?
2. Everyone says he is 30 which is right but his birthday is in October so he will be 31 then.
3. Paying £9.4m for a 31 year old seems strange to me and giving him a 3 year contract means he will be nearly 34 then. His value will be sod all if that, then.
4. It is said that Fulham will only release him once they have his replacement in place. They, as far as I can see, are yet to finally agree, never mind sign, that person. Did we do it as we hadn't signed a RB during the long summer window and were forced, because we, including Moyes, couldn't make up our minds. I suspect so but all in all signing a 31 year old for that money is NOT really satisfactory no matter what the circumstances are.

I hope his legs and everything else don't pack up before his contract is up.On the brighter side he may be another Ashley Young!

John @50 - On the face of it I think you are right. It seems to happen with Spurs frequently and it has been done without Levy and Kenwright being involved,

I suppose he might fail his medical and that half of the deal may fall though if that is what you think is possible. What would happen then with Ndiaye I don't know.

£9.4 is seriously bargain bin so far as Premier League footballers are concerned. The three promoted clubs are paying more than that (up to £30m) for nailed on additions to their First XI. Lincoln City FFS have just paid £5m for a new striker. Anything below £10m is absolute peanuts these days.

We are still operating in the market as though we are very poor.

The club has obviously tried hard to bring in players like Norton-Cuffy and Delap but could only go as far as low cost deals and loans and selling clubs have had better options (including not selling).

Still, whilst the quality remains a bit patchy and some of the names aren't as glamorous as we might hope, I reckon our First and Second XI is now as good as it has been since Silva's first season. For the first time in a really long time, we do have competition for places across all positions - and variety too to provide different tactical options as well as injury cover.

I hope we do get Grealish.

I haven't been much in favour of Grealish returning. I suppose if it is a loan, and he's replacing N'Diaye, then fair enough to some degree. If it means we also get Richie and Tete, an actual RB, with what cash to spare from Spurs to help pay Grealishs wages. I begrudgingly be hopeful.

Robert @44 £9.4m for Tete probably sounds like a bargain to you when you were expecting it to it to be 20m euros. At 31 £9.4m is not a bargain as TFG have said (they don't always stick to their preferences though) that they intend to buy young intending that players they buy increase in value or at least have a residual value.

At 31 on a 3 year contract Tete has neither. Please stop trying to defend yourself in that way. TFG are hard headed businessmen and try and get what they consider to be value for money. That is is one possible reason for them not being either willing or able to get a RB for us until this late in the window, so we have ended up paying a Premium price not a bargain price.

Bargain bin, Peter, not "a bargain".

I am pointing out TFG have bought someone at an extremely low price (which is true), not someone who is a bargain (which remains to be seen).

Not really impressed selling Nidiaye you would expect something better.Richardlason I thought was a great deal on offloading.Scored the odd great goal, mainly ran into channels and was the worse Brazilian passer of the ball in history.He wasn't a regular at Spurs. He is bound to be slower.Never expected him see him return.Wasn't Tete the one who rejected a Everton transfer last season and now wasn't first choice at Fulham.He is 30.

Surely are reorganised recruitment team, headhunted from elite Clubs, could have been more imaginative then this.What have they been doing all year.And Grealish is being negotiated with, who hasn't played for ages and is bound to be slower.

Very underwhelming

The most depressing thing is, we bought Tyrique George for a decent fee, but you can bet that when he’s well developed, in a couple of years from now, we will be selling him, just like Ndiaye and all our young talent before him.

yes. Finch Farm them out!

John Pickles, Richie 25 million??? Knock another 10 off that mate and you get to his true value, 1 year left on his contract, injury prone and 29, who else has bid for him btw?

There is definitely collusion going on with the fees being reportedly paid between Chelsea, Citeh, Spurs etc, now we are happily being dragged down the same route, so the questions are not the fees, because they are not real, it’s whether we are happy losing, Ndiaye, and bringing in Grealish, Tete and Richarlison ?

Paul @59, in two or three or four years time, if we're still no closer to winning trophies, why would our talent want to stay? If we're winning trophies, then revenue will have increased, players will want to stay, and there's no need to sell anybody. That's football, not necessarily our owners being a bunch of horrible you know whats.

Jeff @60, you're right, it's a new and clever way of doing business, it isn't really about the fees. And yes, if one N'Diaye gets you Grealish, Tete and Richalison, then I'm happy (ish).

We've been frugal with our deals and looked for value. We can't be paying £35m for Richarlison with one year left on his deal, we just can't be. He's worth £20m tops.

According to reports, the decision to sell Harrison was down to Dan the man. But I'm not sure that's the whole story. To me it sounds like the instruction was to raise 40m, make your choice of the one who goes. Lliman or Harrison. Given the choice they probably thought Harrison would be the most sensible option. Didn't want to lose Lliman so the team thought Harrison. TFG couldn't care less who went, just wanted 40m in the kitty.
Which blows the assurance from Kinnear that we have funds available right out the water. The real question then becomes why. Step back and look who is coming in, most likely if Richy and Grealish do arrive, that 3x30 year olds. That's not squad building, that's buying time until a new manager replaces Moyes and the are Given the task of continuing the rebuild. Hence why Moyes is not happy, why Kinnear has egg on his face and why we lost out on all expected players. I think this one is TFG withdrawing funds to ensure we cover incoming with outgoings.
Of course you won't hear s word of it from our ace CEO, and Moyes has most likely been told tough luck and don't think your getting a contract extention.
If I was Moyes I would go for broke and treat every game like a cup tie. What has he got to lose? If he is sacked he gets paid out. If he does nothing he fizzles out, if he gets Europe he gives TFG the finger on his way out..it all sounds implausible doesn't it?

Christine I think TFG are of the opinion that Moyes did not develop the young with potential players adequately.He is now under pressure to play them.

The main way that Everton can become sustainable is in player trading and by increasing the value of the squad.Nidaye had to be sold to accomplish this.Even Paul the Esk after the 2025 financial results, said Everton would have to sell one of it:s better players.Had they qualified for Europe they would have had to sell more of them to be inside FP rules.

It has been reported that Beto is being shopped off to Florentines.You are right that George was being sold off to make up the figures.He is the only one that could have been.

The need for a right back has been a bargain basement stop gap and a O Brien replacement. Richarlason is another bargain basement stop gap and probably Beto replacement.As for Glealish he is a carefree gamble that Moyes wants as backup.

I would take Moyes demeanour and protestation hints with a pinch of salt. It is all self inflicted.

Christine and Jerome, I think in part, signing the older players is one of necessity. I don't think that we are in a place financially yet, new owners and new stadium or not, to be able to afford three players in their prime, as well as three or four younger players. When a player in his prime is 60-80m, there is no way we can afford three. I think a mix of youths, one player in his prime, and a couple of older players on shorter contracts may be a clever strategy in the short term.

As the older players are becoming out of contract, the younger players will be in their prime, negating the need to buy more older players.

Explain myself a little better. Older players should really only get two year contracts where possible. The younger players four or five.

You might say that older players aren't cost effective. I think Grealish and Richalison will bring experience and quality. If we are selective about the older players can prove their worth.

Kieran #67

The only problem is that the data driven competitors like Aston Villa, Brighton, Palace and Bournemouth are not even looking at Tete, Richarlison or Grealish.

Jerome. Fair point. I don't think it's ideal to sign older players when we have shown we can do signings like KDH. Decent player at a decent price.

My point was that sugning these older players can gave it's merits, if done correctly.

With the Richarluson signing, I do think we were over a barrel a little bit. Our timing on making a decision on N'Diaye was off, granted, but once the decision was made, I think Richarlison can be a good replacement, given how close the window is to closing. Perhaps lesson learned.

Do you really believe that Dan Friedkin had any involvement in the decision to discuss the sale of Armstrong with Forest? He wouldn't have a clue, he will have been told an offer had come in and he told the recruitment (sorry, the sales team) to sell either O'Brien, Lliman or Harrison before any more incoming. He was after the 40m and didn't care who was the outgoing player.
So who actually would know the value of the players? Only the CEO, who do you want to keep David? One or more has to go? Angus says..
Moyes is passed off, what about the assurance of funds and promises? He asks..Not my call David...

I'd say Moyes is a whisker away..

If I'm honest, it all makes sense from a business perspective but infuriating from a fans one. I think the sanctioning of three 30+ year olds is a sensible alternative for a short term fix but it means the squad will be top heavy with older players. I think Angus phase 2 has been postponed until next year under a new manager. We will still have a blend of youth and experience but the emphasis has shifted or just frozen.

Earlier in the summer the complaints over our transfer policy were about buying only potential and neglecting the here and now.

Now the complaints seem to be about buying older, experienced players (which the data driven clubs also do on a strategic basis - especially very cheap ones like Tete and Norgaard).

If we end up getting Richarlison, Grealish and Tete then it looks like we have found some degree of balance - to support the development of the likes of Barry, George, Armstrong, Dibling, Aznou, Hackney and Branthwaite etc.

I think the really big questions are:

1. does this give us a competitive squad for the European places and cups?

2. does this summer still keep us track for having a Champions League quality squad within 3 seasons?

I think the answer to 1 is a confident yes. We're not a stand out team outside of the Rich 6, but we're much better placed than last season.

In terms of 2, the jury is out. But a European adventure next season (very much a trophy we can win) should swell the coffers at the same time as our revenue is swelling anyway. That would seem to enable much bigger spending than these past two summers (i.e. this summer and last) where we've been operating as though we remain poor.

Robert, I would agree that reve we streams, and cash reserves aren't there yet. In part, I think the slightly scatter gun approach to signings could also be described wheeling and dealing, finances permitting.

I think the quality of signing overall will improve with each window, in step with financesm

I'd be ok with Richy returning at the right price, however I'd much prefer us to do the £15m Florin Balagun (25yrs) deal we are heavily rumoured to be pursuing.

Interesting to see Moyes refer to himself as an Evertonian. Seems like he's feeling somewhat isolated & beleaguered, hence the attempt to tap into a bit of the supporter loyalty shown towards Armstrong.

Not sure that'll work for a Manager seemingly oblivious to his own failure over the last 7 matches of the '25/'26 season.

Dennis #76

The manager has been let down by the recruitment team the last two summer windows.

Well it looks like Beto is heading back to Italy. Probably makes sense seeing as though he's out of contract next summer.

It will be interesting to see whether we get Balogun too then in addition to Richarlison (or instead of?).

Being completely honest, I don't really rate Balogun particularly - he's probably yet another 6 to 12 goal a season striker at Premier League level. For context, he only scored 1 more goal than Odsonne Edouard (ex Celtic, Leicester and Palace) in France last season in essentially the same number of games.

He'd just be another option rather than some new star centre forward.

The change from PSR to SCR seems to be determining alot.Kinnear and Moyes don't seem to be singing of the same hymn sheet.

Munoz confirmed at Forest. Bit disappointed we're losing out on him. Let's hope Tete is what we need or some other RB please!!

So what, Bobby?

Dennis #80

*sighs deeply

Still your wilfully obtuse self, I see.

Toffeeweb is always there for you....

Seems like there might be some late interest in Ndiaye from Arsenal and clubs in Saudi.

So, nothing then, eh Bobby? What a useless contribition. Perhaps TW is about the "sighs" of it for you.

City back in for Ndiaye. Better for everyone, that. Spurs were taking the piss. Sounds like Richarlison is far from a done deal too. The next 24 hrs are going to be v. interesting indeed.

Can't remember exactly when transfer windows were brought in.
But just wondering what these last few days and tomorrow (Tuesday) would be like without seemingly endless internet and social media reports and speculation. Our stress levels probably be lower.
And what would Harry Catterick make of it??!!!
Am going to try and switch off from it all until Wednesday morning

Aye, Mike. Remember the days when players could be traded at any time, other than the last few weeks of the season? I think the current system creates unnecessary pressure on clubs & players & finances due to the arbitrary window closure date.

£65 million Ndiaye to City - done deal.

Dennis #83

So what, Dennis?

Please, keep replying, as all you're doing is demonstrating - although it's quite honestly already firmly established - that you're a deeply unpleasant and sour individual.

Thanks for the update, John. If he had to go, I'd rather he went to City than Spurs.

Perhaps it's time to give up once you're reduced to insults, Bobby.

It's a bit silly, tbh.

Christine#64, I agree 100% with your final paragraph.

David Moyes has got nothing to lose. Come out and say “I’ve told you, I’m an Evertonian, we are going all out for it this season, we have a cracking young team, we are going to have some fun”.

It’s what just about any of us would do at his age, after so many abject years. Sadly, I don’t think it’s anywhere within his mentality.

I fear you're right, Peter - but wouldn't it be marvelous?

Well, if Ndiaye has to go anywhere, it's nice that he makes Spurs look like muppets in the process.

Very hard to predict now what we'll end up with but Grealish (loan) and Balogun still seem fairly likely - with Richarlison's return seemingly off.

It looks like pretty much every Premier League club is now braced for activity tomorrow with a whole network of deals that could make or break a season. Fingers crossed.

With the Richarlison deal seemingly now off the Table, I hear we might be making a cheeky offer for Willy Wonty!
I haven’t felt this much anticipation, since the wife first went into labour!

It would appear, contrary to the BBC site that the issue is at the Spurs end, not that Everton weren't meeting wage demands. Apparently Spurs are refusing to pay Richarlison his loyalty bonus / transfer cut as they say the player asked to leave but not according to Richarlison and no formal request was made to leave the club. His agent and Richarlison are demanding Spurs pay him what's owed. Not down to Everton. If they won't pay he ain't moving. Don't blame him.

Retention of Loyalty Bonuses and Contractual Payout

sWhen a player officially signs a multi-year contract, they are often owed a loyalty bonus spread across the years of the deal, or a clause guaranteeing payouts if they are sold against their wishes.

If they submit a transfer request: They forfeit these bonuses entirely.If the club initiates the sale: The club must pay out the remaining loyalty bonuses or negotiate a financial settlement to convince the player to waive the rest of their contract.

Just to add to what Chrstine has said it is also being reported that the deal for Richy is 15m up front rising to 25m depending on other factors which seems more reasonable to me. On the other hand Balogun is being touted at 43m not 15m which makes him seem expensive so we may end up with Balogun or Richy not both. Beto is probably gone and Ndiaye to City unless the "We don't need to sell our best players" board of incompetence have a rethink.

I don't even want to mention Tete because I am disgusted we would even consider him the way he screwed us over last year and is now 31 for all intents and purposes.