Of course most speculation is false, otherwise we and every other club would have signed around 100 players over the past 2-3 seasons and sold their entire squad 3 or 4 times over. It's not really a surprise. You should have reminded him though that in the past six months we have sold Pienaar, Vaughan and the Yobo transfer has been on going. Certainly a bid was made on Vaughan for us to have accepted it.

Also, Moyes to me would be happy if there were no transfer window as he becomes the invisible man; yes, for the past 2 years there's been no money, but even when he had it he would procrastinate to such an extent that invariably our top target would end up at Spurs or Newcastle.

Our wage bill is massive, maybe not in the Chelsea or Sitteh sense, but in such as we have a lot of players on £40k plus but not the commercial turnover to be able to sustain it. As many other people on this website have said, we really don't know how many loans/mortgages we have on the go, we have no property assets left, only the players we put out on the pitch.

Maybe the best to hope for is that 2 or 3 of the kids such as Vellios, Barkley etc can step up... As BK would say they're like new signings! I hope like most of you do that we're proved wrong but I won't be holding my breath or watching this space either, Bill!

1. Real Madrid are also interested in Fabregas;
2. It's likely that Nasri will be on his way;
3. Man City look to be signing Clichy;
4. Arshavin could also be on his way;
5. Chelsea were mentioned as being interested in Wallcot;
6. Arsenal face competion in signing Cahill from Bolton.

Now I know that some of you will say either
a) So what, why should we be interested in events at Arsenal?
b) Wenger will quickly sign replacements.

Well if I was a Gooner I would be rather concerned that there is a possiblity that so many established players could be leaving. Even allowing for replacements arriving, it would still amount to a major "overhaul" by Wenger of his team in a very short space of time.

What's it got to do with Everton? Well there have been many articles/contributions to the mailbag so far this summer that have made direct reference to the lack of activity by Everton in the transfer market. As the lovely Gillian Anderson of the X-Files, might say ? "We are Not Alone."

As far as I can remember, the two busiest Close Seasons for Everton in terms of arrivals were the summers of 1981 and 1998 ? two new managers in Howard Kendall and Walter Smith. It seemed that hardly a week passed without news of an arrival or even two!!! How did we do in the seasons that followed?

Now I am not saying that we shouldn't strengthen the squad. I think we do need to add players ? just that we don't need to panic just yet. And if success was down to the number of transfers, then Sunderland would be in the Champions League.