posted on Nov, 16 2004 @ 06:28 PM
David Moyes will have up to 10m to spend in January - despite Everton revealing record losses at Goodison in the last financial year.
The Goodison manager penned a new five-year deal on Friday after receiving assurances about the level of investment that would be made in his squad in
the transfer window.
Moyes is reluctant to threaten the team spirit that has taken Everton to third this season by making too many signings in January.
However, he is also anxious to strengthen a threadbare squad in key areas to maintain its remarkable assault on Europe.
And with Southampton striker James Beattie, Chelsea midfielder Scott Parker and Viking Stavanger defender Brede Hangeland all on Moyes's wish list,
the Goodison board are committed to a sizeable outlay in January - despite confirmation of their rising debt.