The more I look at the numbers, the less I understand. Everton have invested £500million in five years on 44 players. It should have taken them forwards but they are going backwards.
Their net spend in that period of £213m dwarfs superpowers such as Bayern Munich and Real Madrid. In the Premier League, only the Manchester clubs have a bigger transfer deficit.
I simply cannot fathom how so much can be invested and for a team to be no better than they were before.
Everton's Merseyside defeat by Liverpool shows they are a long way off where they want to be
Everton have invested more than Bayern Munich and Real Madrid yet continue to go backwards (Owner Farhad Moshiri pictured)
As someone who loves football, it is so frustrating to watch the continual wasting of money.
Whoever has sanctioned these deals — such as £27m on Davy Klaassen, £35m on Alex Iwobi and £45m on Gylfi Sigurdsson — has serious questions to answer.
Iwobi couldn’t get in Arsenal’s team at the time of his move in 2019, so how does that allow you to spend £35m?
Klaassen was well-regarded in Holland but he joined in the summer that Everton also signed Sigurdsson and Wayne Rooney and left having barely kicked a ball. He never scored a goal.
Farhad Moshiri, Everton’s major shareholder, has been at Goodison Park since February 2016. His first big decision was to sack Roberto Martinez three months later and try to improve a squad that had been built over a number of years.
Everton have spent big money on the likes of Alex Iwobi (left, £35m) and Davy Klaassen (£27m)
It’s worth pointing out that Martinez reached the semi-finals of both the League Cup and FA Cup in his final season.
His team for that 2-1 FA Cup defeat by Manchester United included John Stones, Romelu Lukaku, Ross Barkley, Leighton Baines and Phil Jagielka. Do Everton have five players of comparable quality in their squad now?
The irony of the situation now, though, is the current manager has not had the right level of backing.
I see that Rafa Benitez is under pressure following a run of eight games without a win and many fans have no affinity to him.
Rafa isn’t the main problem here. I worked with him earlier this year on CBS Sports for the Europa League final and found him fascinating.
Rafa Benitez is under pressure though he isn't the main problem and ironically didn't get the right level of backing
Liverpool's victory on Wednesday meant Everton are now eight games without a victory
He knows everything there is to know about tactics and he talks about the game relentlessly.
He cares deeply about his job and improving players. Benitez took the job, determined to transform their fortunes, but he has arrived at a club that looks nothing like how I remember it.
Everton reminded me of the old Manchester City, with a sense of community and family, but what I see now doesn’t seem to reflect those values.
Going to Goodison Park was always hard. It wasn’t as intimidating as Anfield but it was on a par with Stoke — in that I mean the crowd was angry in a good way and, if you were not at the right level, you could easily get swept away and beaten 3-0.
I could have seen myself enjoying playing for them as it seems that if you give your all for their crowd they will get right behind you. There was talk of me being potentially used as part of swap deal when Everton sold Joleon Lescott to City in 2009 but it never materialised.
What you see with Everton now, however, is a reminder that money is not the route to all happiness or a guarantee of success.
We saw it initially at City when Thaksin Shinawatra was our owner; there was a giddiness and we didn’t buy the right
