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Everton have blown £530MILLION on an underperforming team - including £130m on players who left for FREE... Under-fire owner Farhad Moshiri has overpaid on fees and signed injury-prone stars - it's no wonder he is apologising to fans

Everton owner Farhad Moshiri is like a man who has woken from the mother of all benders… and is now counting the cost of his excess.

After a miserable season, which saw the Toffees survive in the top flight by the skin of their teeth with one game to spare, Moshiri appears to have come to his senses.

And he wrote to supporters this week to apologise and admit to wasting a huge pile of cash.

Farhad Moshiri wrote a letter to Everton fans apologising for their awful 2021-22 season

ud83dudd35 | An open letter to Evertonians from our majority shareholder, Farhad Moshiri.