ToffeeWeb
·31 July 2026
Everton and the Lost Art of Hope?

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Yahoo sportsToffeeWeb
·31 July 2026


(Photo by Stu Forster/Getty Images)
Why do we watch football? Part habit, part cultural... for Evertonians, part exercise in self-flagellation?
There are a multitude of factors that make us invest time, emotion and money into a pastime that is so much more than just ‘22 people kicking a ball around a field’. But one vital ingredient that must be thrown into the mix is hope. Specifically, the belief that this will be the season when something magical happens.
Across the football pyramid, fans begin each campaign believing that something special might occur. It could be a league title, a cup victory, promotion, or simply a season in which their team finally exceeds expectations. That belief is central to the experience of being a football fan. It is the faith in that alchemical process whereby all the elements that make up a football club — the fans, players, manager and ownership — come together to create something memorable on the pitch.
That is, as the old adage goes, what makes football the most important of the least important things. It is the ability to transform hope into reality and, by doing so, move you in ways that a book, a film or a play could never dream of doing.
But does that sense of hope still remain amongst Evertonians?
Over the course of the last 30 years, amongst the 92 clubs that currently make up the top four divisions of English football, Everton are the only club not to have celebrated a cup win, a league title or a promotion.
Yes, there have been ‘good times’. Everton have enjoyed European football, cup runs and even reached a major cup final. But over 30 years without a trophy is an incredibly long time for a club like Everton. It means that decades of hope have resulted in very little that is tangible — nothing that fans can point to and say, "That is why we show up, week-in & week-out."
Of course, you could point to Everton’s ability to simply stay in the Premier League as a ‘success’ of sorts. Considering some of the squads the club has had during those multiple brushes with relegation, survival is not something to be easily dismissed.
It almost feels like there is some elemental force that prevents Everton from being relegated. No matter how unbelievably bad the side is, the laws of football dictate that it simply cannot be allowed to occur. But really, for a club of Everton’s stature and history, Premier League stability should be a given.
Imagine travelling back in time to the glory years of the 1980s and telling an Everton fan that, one day in the future, it would be celebrated that the club had spent three trophyless decades in the top flight. They would rightly stare at you with incredulity.
Perhaps the most frustrating aspect of Everton’s last 30 years is not simply the lack of success, but the number of times genuine hope has morphed into disappointment. Everton have experienced multiple false dawns since the 1990s: moments when it appeared that the club might finally be ready to turn a corner, challenge for trophies and return to the upper reaches of English football.
Each time, however, that hope has ultimately given way to failure.
The Peter Johnson Years: Everton's First False Dawn
The first major false dawn came during the 1990s under Everton chairman and owner Peter Johnson. Following the decline that had followed the club's glory years of the 1980s, there was a sense that Everton were finally beginning to recover.
The club remained one of the biggest names in English football, and there was an expectation that new ownership could help restore Everton to their rightful place near the top of the game. It was a sense of expectation boosted by the club’s last acquisition of a trophy, 1995’s FA Cup.
But ultimately, despite a bright start, the Peter Johnson era eventually fizzled out, concluding with brushes with relegation, instability and financial mismanagement. The promise of progress gradually gave way to a club in serious financial difficulty, culminating in Everton coming perilously close to financial collapse.
Then came the (first) David Moyes era. In many ways, this was the most convincing false dawn of them all. Moyes stabilised Everton, developed a clear identity and, against the odds, established the club as the ‘best of the rest’ behind the financial power of the Premier League elite.
There were European campaigns, FA Cup runs and seasons in which Everton looked capable of competing with clubs who possessed significantly greater financial resources. But that was also the problem. Everton were good enough to challenge the outskirts of the established order, but never quite wealthy enough to break into it.
These ‘nearly’ years were filled with the sense that Everton were just one or two signings, one extra investment or one major financial push away from becoming genuine contenders. That investment never really arrived.
Instead, Everton became trapped in a cycle of doing just enough to remain competitive without ever possessing the resources required to take the next step.
Farhad Moshiri and Everton's Financial Implosion
The arrival of Farhad Moshiri was supposed to represent the end of that cycle. Here, finally, was an owner with the financial resources to transform Everton Football Club. The club could invest heavily in players, build a new stadium and finally compete on something approaching a level playing field with the Premier League's wealthiest clubs.
The arrival of Moshiri felt like the moment when Everton's long wait for a new era of success might finally be over. Instead, the Moshiri era became one of the most damaging periods in Everton's modern history.
Money was spent, but without a coherent long-term strategy. Managers came and went, transfer policies changed, and expensive mistakes accumulated. What was initially presented as a new era of ambition gradually descended into a financial crisis that left Everton fighting not just for Premier League survival but also their very existence.
Three different eras. Three different versions of the same disappointment.
And so, to another brave new dawn: the arrival of The Friedkin Group and Everton's long-awaited move to Hill Dickinson Stadium. After years of financial uncertainty, ownership instability, and the constraints imposed by Profitability and Sustainability Rules (PSR), there was a genuine sense that the club was finally emerging from its darkest period.
The new ownership brought financial credibility, while the stadium promised to transform Everton's long-term commercial prospects through increased matchday revenue, enhanced hospitality facilities, and new sponsorship opportunities. Together, they represented far more than a change of scenery — they appeared to promise the chance for Everton to rebuild as a modern Premier League club capable of competing on a stronger financial footing.
Yet, despite that optimism, there are already signs that familiar patterns remain difficult to escape. David Moyes's impressive start after returning to the club ultimately faded, with Everton's form dipping noticeably during the closing months of the last campaign.
While some regression was perhaps inevitable after the initial uplift, the sluggish finish served as a reminder that deeper structural issues could not be solved overnight. The transfer market has also done little to reinforce the sense of a fresh beginning. Last summer\'s recruitment left significant questions over the club\'s planning and squad building, with several additions failing to make the desired impact.
This summer has, at least in its early stages, felt similarly underwhelming. Progress has been slow, negotiations have dragged on, and Everton have often appeared reactive rather than proactive, creating an uncomfortable sense of déjà vu among supporters who had hoped the new ownership would usher in a more decisive approach.
On the pitch, too, there remains a feeling that the football has yet to reflect the ambitions of the new era. While stability remains an understandable priority after several seasons spent battling relegation, performances have often lacked creativity, intensity and attacking ambition.
It is still very early in The Friedkin Group's ownership, and meaningful change at a club that has endured years of poor decision-making will inevitably take time. However, for many Evertonians, the combination of a disappointing end to last season, an uninspiring transfer strategy, and conservative football has created an uncomfortable impression that, despite the new owners and the spectacular new stadium, too much still feels like business as usual.
Stability is undoubtedly welcome after everything Everton have endured. After years spent lurching from one crisis to another, simply establishing the club as a secure Premier League side (free from the fears of relegation) would represent genuine progress.
But stability cannot become the destination. If the new era ultimately delivers nothing more than routine mid-table finishes, uninspiring football, and predictable early exits from the domestic cups, supporters are entitled to ask: What, exactly, has changed?
Survival may no longer be the overriding concern, but merely existing in the Premier League is unlikely to satisfy a fanbase whose history is built on competing for honours. And if that does occur, what does it do to that sense of hope that defines football fans?
If Everton\'s new ownership and world-class stadium fail to provide that sense of upward momentum, the danger is not just continued mediocrity but growing apathy. A lack of ambition can be just as damaging as instability because it slowly erodes belief.
This issue is particularly significant for Evertonians because of those repeated false dawns. They do more than just create disappointment; over time, they begin to drain a supporter base's emotional reserves.
Hope is one of football's greatest currencies, but it is not limitless. Every new beginning brings renewed optimism, investment of time and energy, and the belief that better days are finally ahead. When those expectations are repeatedly followed by frustration, that belief gradually becomes harder to maintain.
For Evertonians, years of managerial changes, ownership upheaval, financial struggles and unfulfilled promises have created a sense of caution where excitement once came naturally. The danger for Everton is that another failure to deliver could do more than disappoint — it could erode the connection between supporters and the club\'s future direction.
Fans will always support the shirt, the badge and the history, but sustained mediocrity can slowly weaken the belief that success is realistically achievable. A fanbase that has spent decades waiting for a revival does not simply need reassurance; it needs evidence that the cycle has finally been broken.
The challenge for The Friedkin Group is therefore not just to improve Everton's league position, but to restore something that has been gradually worn away: the belief that the next chapter can genuinely be different.
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