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PSG's Stambouli completes move to Schalke

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Manager Watch: Mourinho vs. Guardiola

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By ESPN Staff

Kenwright promises Moyes transfer cash

Everton chairman Bill Kenwright has pledged financial backing to manager David Moyes to replenish the squad when the transfer window opens next month.

Although the Everton boss has previously stated he does not like to sign new players in January, Moyes admits the current injury crisis, as well as selling Kevin Kilbane to Wigan in the summer, has left the Toffees desperately short.

Tony Hibbert, Gary Naysmith, Alessandro Pistone, Mikel Arteta, Leon Osman, Tim Cahill and Phil Neville are among those who have been ruled out by injury.

Hibbert's absence with a ruptured groin, coupled by Cahill and Arteta's injuries, means Neville has had to move into midfield leaving Joseph Yobo to play out of position at right-back, prompting Moyes to target a replacement as a priority.

Now Kenwright has promised to support the former Preston boss as he looks to guide the Toffees to a return to their form in the early stages of the season.

Kenwright told the Liverpool Echo: 'David said at the AGM 'there was no cash in June but they found it for me' and we will find it for him again.

'We will find it for him. This is an important season because next year is when the better money starts coming in.'

Everton finished in mid-table last season, well outside European qualification - a disappointment after the previous campaign where they claimed fourth spot and the final Champions League spot, pipping rivals Liverpool in the process.

However, their campaign finished disappointingly after just one match against Villarreal and the Toffees were further aggrieved when a seemingly valid Duncan Ferguson goal was disallowed by referee Pierluigi Collina.

'There isn't gold in the UEFA Cup but there is gold in the Champions League,' said Kenwright.

'If Collina hadn't disallowed that goal in Villarreal last year, that was worth between £15million to £20million to us.

'Like that, it was taken away.'