Everton FC is set to receive a significant financial boost from the sale of Amadou Onana to Aston Villa, according to finance expert Stefan Borson. The Belgium international midfielder has agreed to personal terms with Villa and is expected to complete his £50million move to the club soon.
Borson estimates that Everton will receive a profit and sustainability (PSR) boost of between £25-28million from the sale, which will be a welcome relief for the club’s financial situation. Everton was deducted eight points last season for breaching the Premier League’s spending rules and was at risk of breaching the PSR rules again in 2023-24.
The sale of Onana will provide Everton with a healthy PSR profit, which will be reflected in their financial accounts at the start of the new financial year. Borson explained that Onana’s book value is around £20-22million, which means that the club will make a significant profit from the sale.
The exact payment structure of the deal is not clear, but Borson estimates that the initial payment may be lower than the reported £50million. However, even if the initial payment is lower, the sale will still provide Everton with a significant PSR profit.
This financial boost will be a welcome relief for Everton, which has been working to improve its financial situation in recent months. The club has been linked to several top clubs in recent months, but the sale of Onana will provide a significant injection of cash into the club’s coffers.
The sale of Onana is also a testament to Everton’s ability to develop and sell players for a profit. The club has a strong scouting network and has been able to identify and develop talented players like Onana, who have gone on to attract the attention of top clubs like Aston Villa.
In conclusion, the sale of Amadou Onana to Aston Villa will provide Everton with a significant financial boost, which will be reflected in their financial accounts at the start of the new financial year. The sale is a testament to Everton’s ability to develop and sell players for a profit and will provide a welcome relief for the club’s financial situation.