Many people away from Merseyside were unaware of just how desperate a situation that Everton are in financially, so much, its has just been revealed that with investment talks collapsing they can't afford down payments on players.
According to teamtalk.com Everton are now struggling to find money for transfers after investment talks collapsed.
MSP Sports Capital’s talks to purchase a minority stake in the club ended on Wednesday and now it seems that the toffee's haven't even got enough money to offer more than small down payments on incoming transfers and that is not proving easy for them to find club's willing to sell them players with such a small deposit and then instalments that might be defaulted on.
This is why the transfer of Che Adams to Goodison has stalled and is not doubtful, with Everton facing problems raising capital to enable the new stadium to be completed.
But it is now catch 22 for the Toffee's if they have to pump in all available cash into finishing the stadium that leaves little for transfer fee's unless they can find someone who will accept the very low down payments and willing to wait for the bulk of their money, but with Dominic Calvert-Lewin out with a fractured cheekbone, if they don't find a goalscorer soon relegation could be a real possibility.