David Moyes next to a circular inset of Dan Friedkin

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Evan Shaw

Wed 1 April 2026 6:45, UK

Everton’s 2024-25 accounts have arguably hinted at the likely plans for their transfer business in the coming years.

The Toffees published their latest round of financial figures on Tuesday, as they revealed a record turnover across the 2024-25 campaign, combined with a significant reduction in the club’s operational losses.

There was also a significant reduction of £4.5million in staff costs, with The Esk understanding that this decrease was “driven” by a decline in player wages on offer on Merseyside.

The financial expert has attributed that to a switch in focus from high-earning seasoned campaigners in the Premier League, to a more youthful and “cost-efficient” squad.

Everton’s transfer plans will already be in place for the upcoming summer transfer window, and it would be no surprise to see them continue in that vein in the coming years.

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Everton’s new ‘recruitment profile’ clear for coming windows

The 2024-25 campaign saw the Toffees offload veterans such as Neal Maupay and Ben Godfrey alongside the sizeable sale of Amadou Onana to Aston Villa.

In their place came the likes of Jake O’Brien and Iliman Ndiaye, who have both flourished since their arrivals on the blue half of Merseyside.

InsOutsJake O’Brien (£17m)Amadou Onana (£50m)Iliman Ndiaye (£15m)Ben Godfrey (£11m)Tim Iroegbunam (£9m)Lewis Dobbin (£10m)Everton’s purchases and sales in the 2024-25 campaign.

The Esk feels that their transfer business in that accounting year highlights a switch towards a younger “recruitment profile,” and that is something that David Moyes and Co. continued in last summer’s transfer window.

Five of the Toffees’ nine first-team additions last summer were aged 23 or below, as that clear intention to reduce the age of the squad was prevalent once again, while the likes of Dominic Calvert-Lewin and Abdoulaye Doucoure headed in the other direction.

That is further evidence of the club’s transfer plan in action, and as a result, it is surely highly likely that they continue to conduct their business in such a manner across the next few years.

Everton Football Club has today released its Annual Report and Accounts for the 2024/25 season, recording a club record turnover of £196.7m, an increase of £9.8m on the previous year, and a significantly reduced loss of £8.6m for the financial period.

— Alan Myers (@ALANMYERSMEDIA) March 31, 2026

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It has already helped to bring about a reduction in their wage bill, and with the club striving to hit even greater heights in the next few years, it is vital to ensure that their wage outlays remain in check.

Everton trying to match target set by ‘Big Six’ clubs

Everton’s latest accounts showed that their operational losses were reduced by the sales of their women’s team and Goodison Park, which are both one-time opportunities.

They have now used those options to reduce their losses, meaning they must now find other ways of keeping their finances in check in order to remain compliant with PSR in the coming years.

The efforts to reduce their wages are likely to be part of this, with The Esk also raising a target that the club are clearly trying to meet as part of his analysis.

Everton reduced their wage-to-turnover ratio down to 77 per cent in 2024-25, as they appear to be working their way down towards the 70 per cent target.

It was noted that the Premier League’s ‘Big Six’ clubs hold the benchmark in terms of sustainability in this department, and it has now become apparent that Everton are working towards being able to match that.

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