Everton have done a bit of “incredible business” making a profit on Moise Kean, who has returned to Juventus, according to Alex McLeish.
The striker joined the Toffees for an initial fee of around £23.5m in 2019. His move did not go to plan as he only netted twice from his 33 outings across all competitions in 2019/20.
Kean returned to form last season while on loan at French giants PSG. He scored 13 times from his 26 appearances in Ligue 1.
The 21-year-old was linked with a return to PSG but he re-joined Juventus on a two-year loan before the window closed.
The loan fee is around £6m and it includes a £24m obligation to buy clause at the end of the two years. A further £2.5m is included as add-ons, which would take the total fee to around £32.5m.
McLeish has told Football Insider that this is a good strategy from Everton:
“It is incredible business.
“I looked at Chelsea’s ins and outs as well over the last few years. Their sums add up as well with the people who have come and gone.
“That’s exactly what we’re seeing here. It is good business from the people in the infrastructure. That’s what you need running a football club at the highest level.
“Over the last two or three seasons we’ve seen clubs like Fulham spend £150million and still get relegated. Sheffield United were similar.
“The strategy of these clubs that we’re talking about seems really, really good.”
“The argument that Everton are a well-run club is difficult to maintain.
“I’m incredibly fond of Everton and I’m incredibly fond of Bill Kenwright. But when you lose £139million in the year ending 2019/20 before you even post the figures for 2020/21, you can’t put forward the argument that you’re a well-run club.
“If you’ve lost that amount in one season which is 2019/20 – which is before you get into 20/21 where you’re going to be really impacted by COVID, then your losses are going to be significant.
“You’re going to be in the Financial Fair Play sanctioning territory. That might explain the reasons why they aren’t buying any players, simply because they aren’t able to.
“And if you look at their signings, you would have to suggest that some of those signings aren’t the greatest of signings at face value. I think they’re all over the place.”