Season › 2020-21 › News Ancelotti: I promised to take Everton to the top Lyndon Lloyd Wednesday, 16 December, 2020 23comments | Jump to most recent Carlo Ancelloti has pledged to ensure that Farhad Moshiri's significant personal investment in Everton leads to success. The club's latest accounts included the revelation that Moshiri has committed another £100m by way of interest-free loans and that he could increase his stake in Everton to 93% with a new share issue that would cover the latest losses which, for 2019-20, topped £135m. When Marco Silva's tenure was brought to an end, with the Blues' prospects of realising the dream of qualifying for the Champions League as far away as ever, Ancelotti was hired with the hope and promise that competing at the top end of the Premier League could become a reality. With the likes of James Rodriguez, Allan and Abdoulaye Doucouré arriving over the summer, and the team surging to the top of the Premier League by early October, everything seemed on track. Article continues below video content A harsh reality check followed as suspension and injury bit and Everton fell to 9th place before beating Chelsea at the weekend to restore some confidence. The longer-term goal remains the same, however, and Ancelotti knows what is expected of him, particularly in view of Moshiri's financial backing. “My reaction is that I understand the owner is really attached to the club and really focused on improving this club,” the Italian said. “This is really important for the club and for all the supporters. “The pressure I have is that he has a lot of confidence in me. He has trust in me because he signed me and he brought me to Everton. I'm doing it to bring his club to the top. That is my goal and what I promised to him.” Reader Comments (23) Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer Tony Abrahams 1 Posted 16/12/2020 at 08:22:58 SING US A SONG YOU'RE THE PIANO MAN! Hopefully Carlo, fuckin hopefully! Paul Hewitt 2 Posted 16/12/2020 at 09:33:23 You better hope Moshiri still has plenty of money to give you. Because you ain't getting top with the crap you have at the moment. Brian Murray 3 Posted 16/12/2020 at 09:56:42 Nice one Carlo. He sounds confident enough to finish the job. What was we worrying about !! That jam is just round the corner. Bobby Mallon 4 Posted 16/12/2020 at 10:21:26 I think Carlo should be praised for the way he has embraced our club history and where he lives. He could have just come here for the money, but he's here because he actually wants to see us in the Champions League. This is his biggest job ever and I believe he will get us there. I'm made up he's our manager and a massive thanks to Moshiri for the job he's doing. Kevin Molloy 5 Posted 16/12/2020 at 11:17:10 Don't forget the fifty million quid in his sky rocket though Bobby, I'm sure that was also a factor. Joe O'Brien 6 Posted 16/12/2020 at 11:32:14 Haven't been on in a while.. couldn't take the negativity.. then I get to Paul @ 2..I don't think I'll be back for a while... Paul Hewitt 7 Posted 16/12/2020 at 11:37:35 It's not negativity, Joe. It's stating a fact. Roger Helm 8 Posted 16/12/2020 at 12:17:51 There's no doubt it takes several years and a shedload of money to build a team to challenge the top of the league. Look how long it took City when the Arabs arrived. But we now have a top manager, who has had a good first transfer window, and a couple of billionaires onside, so how can we not be happy? Paul Hewitt 9 Posted 16/12/2020 at 12:28:56 Totally agree roger Dave Lynch 10 Posted 16/12/2020 at 12:29:05 "There's no doubt it takes several years and a shedload of money to build a team to challenge the top of the league. Look how long it took City when the Arabs arrived. But we now have a top manager, who has had a good first transfer window, and a couple of billionaires onside, so how can we not be happy?"Because Roger... some people are unrealistic in that they want jam today.Years of shit management cannot be turned around in a short spell, I have every faith he will get it right but it will take time. Bobby Mallon 11 Posted 16/12/2020 at 13:09:39 Kevin you know what I don't think it's about money anymore with Carlo. He loves the community feel about our whole club that's it for me. I also don't care how much he gets he's a top bloke and manager Robert Tressell 12 Posted 16/12/2020 at 13:24:00 There is £500m difference between the value of our squad and the squads really competing for silverware. That's a lot of ground to make up, especially since those clubs (along with all of the big 6) have bigger budgets. Over the course of 3 to 5 years and with decent backing and a strong recruitment strategy, I expect Carlo can get us there or thereabouts. There will be ups and downs in the meantime because we're very light on top quality. Hopefully Moshiri and the stadium plans remain on course over that period. That is what is incentivising the investment. Without the investment, there's a limit as to what Carlo can realistically achieve. Rob Halligan 13 Posted 16/12/2020 at 13:30:37 Joe # 6. Don't worry, Mr Hewitt is always like that! Ian Jones 14 Posted 16/12/2020 at 14:40:53 Well, we were top for a week or so earlier in the season so technically he's achieved that already.I have faith in Ancelotti although some of his selections do surprise me. As some of have mentioned above, and from what I read, he likes the area and hopefully the challenge of getting Everton back up where we haven't been for decades will keep him at the club.Sadly, we might have to do his without many youngsters or players from the area and follow the route of the top clubs - buying in from abroad. Pat Kelly 15 Posted 16/12/2020 at 15:26:23 I remember Moshiri saying he'd do whatever it takes. He has been true to his word despite numerous costly setbacks with managers and players. If it weren't for him where would Everton be now ? Patience is a rare commodity in football but we'll have to tough it out like Moshiri. Hopefully it'll be worthwhile. Rob Hooton 16 Posted 16/12/2020 at 20:08:14 Well said Pat, Moshiri has not been lacking with his backing! Dale Self 17 Posted 16/12/2020 at 21:34:31 I see Carlo has some cards to play. That doesn't sound like a man who does not see a viable way forward. And Carlo has seen a thing or two. Michael Williams 18 Posted 16/12/2020 at 21:59:57 #2 - "You better hope Moshiri still has plenty of money to give you. Because you ain't getting top with the crap you have at the moment." With 15 teams below us in the standings at the moment this league must be chock full of "crap" players. By definition it must be pretty much a "crap" league, right? Brian Wilkinson 19 Posted 16/12/2020 at 22:55:04 Can we please go all out to try in the Carabao cup, will take any trophy at the mo. Paul Kernot 20 Posted 17/12/2020 at 03:37:56 I predicted a loss vs Chelsea but, based on the way we played in that game, on another thread I went for a 1-0 away win today. Allan will be a big loss to our very skinny looking squad, particularly in the next couple of weeks, but I still think we can get the points at home to a very average Arsenal. Colin Glassar 21 Posted 17/12/2020 at 18:17:01 Hats off to Moshiri. He's spent a shitload of dosh on a load of crap players, and managers, and has stuck with us when many would've run for the hills.I know his endgame is probably building the stadium and then selling us for a big profit but he's shown patience (he's an accountant after all) and he now has a manager he trusts. Hugh Jenkins 22 Posted 17/12/2020 at 23:15:39 Colin (21)Investing multi-millions of pounds in the hope and /or expectation that you will eventually be able to sell an asset for way more than you have paid to acquire it and build it to its present state, is, I would suggest, a "high risk" strategy.There is and can be no guarantee that the football "money merry go round" will, or can, continue indefinitely into the future.I think he (and his mate Usmanov) made this decision before they cashed in their chips at Arsenal.They wanted control of an EPL club and we were, for once, in the right place at the right time.If they were merely intent on acquiring assets that will guarantee to continue to rise in value, they could more easily have invested in gold, old masters, or diamonds and just sat back and waited.After all, I expect that despite being a multi billionaire (in the case of Usmanov) or a common or garden billionaire in the case of Moshri, life still gets boring after you've bought the latest/ palace/yacht/private jet etc. and they were looking for something to stimulate their interest.So, why not a project to take a once highly successful and fashionable football club, currently down on its luck, and try to restore it to its former glories?If they manage that, their names will live for ever more. Peter Roberts 23 Posted 27/12/2020 at 00:14:30 At Carlo's age, with the trophies he'd won, you could be forgiven for thinking about his retirement fund, but this feels more like a legacy project, to show he can take a club in the doldrums to the heights he has achieved.But he's doing it with a genuine love for the club, the city and its surroundings. Proving the age-old quote from Sir Alan Ball: "Once Everton has touched you, nothing is ever the same again."It hasn't been perfect, but we're 2nd at Christmas (albeit to that lot) and 6th in the form table since he took over. With the unpredictable nature of this season, who's to say we can't make a real run at the Champions League places? Add Your Comments In order to post a comment, you need to be logged in as a registered user of the site. » Log in now Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and Talking Points submissions across the site. 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