Moyes: Everton are close

BY foxsports • April 19, 2011

Everton manager David Moyes insists it would not take a great deal of money to turn the club into genuine contenders in the Premier League.

While rivals have spent fortunes in the quest for silverware, the Scottish boss thinks the Toffees would only require a small influx to challenge.

Everton are one of the Premier League's founder members since its inception in 1992, although they only have the 1995 FA Cup success to show for nearly two decades of top-flight football.

The club have survived a couple of relegation scares, but in the main the Goodison Park outfit have been challenging for European places without threatening for top spot.

Moyes knows the club need new funds to keep growing and progressing, although he does not believe it requires the level of investment seen elsewhere around the league.

"New ownership isn't always the solution," explained Moyes. "We don't need new owners, we need new money.

"Everton could be very close to being very good for not an awful lot of outlay.

"It might not be one of those clubs that needs £300-£400million to turn it around.

"Maybe the team doesn't need £100m. Maybe the team needs an amount that would give it a chance to breathe again and give a little more.

"That's maybe why we don't need a zillionaire."