Exclusive: Everton is “years away” from resolving the situation despite the multi-million-dollar Friedkin revelation.

Years will pass before Everton can clean up the Moshiri mess. Dan Plumley has cautioned that completely cleaning up the wreckage Moshiri left behind could take up to five years. Although the significance of the Friedkin buyout has led to some encouraging developments, the football finance specialist acknowledges that much more work remains. In their most recent accounts at Goodison Park, Everton recorded yet another noteworthy defeat. In addition to the £89.1 million losses from the previous year, there were still losses of £53.2 million even after the Friedkin Group finished its buyout and converted a large portion of the debt to equity.

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