Everton boss David Moyes remains confident that his side can recover from a slow start to the new Premier League season and challenge in the top half of the table.
The Toffees lost 3-1 at Arsenal at the weekend and are currently down in 16th place in the table after just two wins from their first eight league games of the campaign.
However, Moyes remains upbeat about the prospects for the coming months.
He told the Daily Post: "We don't have the finances to compete, but we have done everything we can with what we have available.
"Was that a consideration when it came to signing that new contract? Yes, it was. I have to say that.
"Not all managers in football have money to spend and maybe my time is coming. I'm sure that when Mark Hughes took some of the jobs he's taken he wasn't sure he was going to get money.
"Maybe Martin O'Neill when he first went in to Aston Villa wasn't sure, but they have money to spend now and they can do it.
"I look at Randy Lerner at Aston Villa and I see someone who has come in and gone about his job nicely and let the manager get on with his business and backed him when he wanted him to.
"They are getting the benefits from a couple of years of steady building.
"I don't like using that word, because I think we have achieved and if we achieve then we can do it again.
"But I do think that with the players we have got we have done unbelievably well and I expect them to do it again this year.
"We are in a difficult position right now and we're not winning as many games as we'd like, but I do believe there are reasons for that."