Everton have not only had problems on the pitch in the Premier League this season but also financial troubles off the pitch, and now a reliable source has given an update on FFP concerns.
What's the latest?
Reliable Everton source and former club communications director Alan Myers has given a nine-word response to a fan's question on Twitter regarding the current situation on the FFP concerns for the Toffees.
The fan asked whether Everton needed to sell to buy players due to ongoing financial troubles and Myers responded: "I don’t think much has changed at this point."
Supporters will be concerned
The Toffees have had their financial problems heavily speculated over the last few months, with the headache of a relegation battle hanging over the club as well over the last season.
Now that Everton have secured survival and remain in the Premier League next season it will surely lift a weight off the club's shoulders, but they will need to make smart business moves this summer to ensure they don't create more problems for themselves going forward.
Farhad Moshiri has reportedly spent over £600m on transfers over the last six years, and it was revealed that the club confirmed another financial loss of over £100m for the third successive year, however, it is thought that they are not considered in breach of Premier League profit and sustainability rules.
Sky Sports also reported that Everton are confident they have complied with Financial Fair Play rules amid recent threats of legal action from Burnley and Leeds United, with letters submitted to the Premier League asking for clarity on Everton's financial movements.
With that being said, the Merseyside club have continued to rebuild and improve their team as they are close to signing James Tarkowski on a free transfer with the player reported to take his medical at the club yesterday, which is a great piece of business that is saving them millions.
The Toffees are also said to be willing to sell a number of fringe players this summer, with journalist Chris Smith tweeting last month:
"Allan, Michael Keane, Andre Gomes, Tom Davies, Jean-Philippe Gbamin, Andros Townsend and Salomon Rondon are all players Everton are willing to entertain offers for this summer."
If Everton can continue to take advantage of free transfer opportunities and offload some players whilst identifying the right players to help the club compete at a better level next season in the top flight, it should put them in good stead to stay within the financial guidelines and reduce the concerns surrounding the club.
That said, the fact that nothing has changed regarding their dreadful financial situation, will surely be a worry to fans. Everton really need to strengthen this summer but will have to do so on a severely reduced budget.