Liverpool is plotting a shock bid for Everton star Seamus Coleman, after Toffees manager David
Moyes refused to rule out player sales due to their financial position.
The Blues are currently unable to bring in new signings at Goodison Park as the Merseysiders have
reached their overdraft limit and even if the club did sell some of their better players to raise
funds then that cash would only go to paying off bank debts.
Everton Shouldn't Panic Yet - originally posted on Soccerlens.com
We're told some Everton fans are desperate. In fact, we're told it's not just Everton fans, but
their Chairman too. Bill Kenright admitted as much to a supporters group, to discuss their
problems. Everton have exhausted their overdraft and the banks, probably sensibly, don't see any
reason to extend it.
Remember when the Venky's group bought Blackburn Rovers and said that they would provide the
funds needed to turn Rovers into a Champions League side?
Venkys bought Rovers for around £25 million and agreed to take on the £18 million overdraft in
the form of a mortgage.
The Mirror however is reporting that the bank are demanding that the £18 million overdraft
amount be reduced, with the cash from the sale of Phil Jones to Manchester United.