Source: PA
Moyes: Debt becoming "unfashionable"
Everton boss David Moyes has refused to comment on Liverpool's off-field problems but believes clubs must get their financial houses in order.
The build-up to Sunday's 214th Merseyside derby at Goodison Park has been completely overshadowed by the Liverpool takeover saga. At the heart of the protracted issue has been a crippling debt, thought to be of around £240million.
Liverpool are one of the highest-profile casualties of the financial problems that have gripped the game in recent years and Moyes feels clubs must learn to live within their means.
When asked about the Liverpool situation at his regular media briefing, Moyes said: "It is none of my business - I have got a big enough job to do at Everton, never mind concentrating on Liverpool.
"It has always been hard to compete with Liverpool. People quite often say Everton don't win enough games against Liverpool - which I am the first to support - but there are other circumstances to back that up and it tends to be finances.
"If you look at our debt, it is probably roughly somewhere between £60million and £70million. I think it is well documented what Liverpool's debt is. I think debt is maybe going to become quite unfashionable. If you are in debt it is not going to be that trendy. I think the media have pushed people to spend a lot of money and I think that is now changing." When asked if that was a good thing, he added: "Yes, I think so."
