Everton won't commit to spending Steven Pienaar money

12 February 2011 23:33
Everton manager David Moyes has failed to win assurances from theclub's hierarchy that he can spend the money from Steven Pienaar'sdeparture to Tottenham on new players.[LNB]Moyes, who failed to sign anyone in January, has been told to waituntil the end of the season before discussing a summer budget, despiteoffloading Pienaar for ?3million last month and saving further money bysending strikers Yakubu and James Vaughan out on loan. [LNB]It follows the publication last week of the club's latest financialaccounts, which showed the overall debt at Goodison Park had increasedto ?48m. [LNB] Moving on: But Everton boss David Moyes my have to do without the money for Steven Pienaar (pictured)[LNB]The uncertain situation means Everton are vulnerable to losing Moyes after nine years in charge. [LNB]The Scot, whose team face Bolton today, said: 'We haven't been involved in an actual outlay in transfer fees for quite a while. People will see us as vulnerable to selling players. What can I do? I haven't got money, so I try and make it not bother us.' [LNB]Moyes has dismissed speculation he is on the verge of walking out but there is a strong chance he would look at other offers in the summer unless the situation improves.  Coyle against Moyes puts spotlight on Glasgow connectionAndy Townsend's boot room: Previews for every Premier League matchAll the latest Tottenham news, features and opinionAll the latest Everton news, features and opinion [LNB] [LNB]  Explore more:People: David Moyes, James Vaughan

Source: Daily_Mail