One of the reasons, of course, why the Toffees are struggling to bring in the sort of player they might want (such as Liam Delap) is because of the legacy of failure which has marred the years of the Farhad Moshiri era.
Over and over again, the club paid out big money for underachieving players and seemed to go through managers as if they were going out of fashion.
The result of all this misspent largess was a struggling team of ill-fitting and often unwanted players that slid down the Premier League table and a club saddled with huge debts.
As we all know, this led to Everton breaching the Premier League's FFP regulations, and in the 2023-24 season, the Blues were deducted ten points (later reduced to six on appeal) and then another deduction later in the campaign.
Whatever the rights and wrongs of the Premier League's decisions and which were hugely controversial at the time, that was the direct consequence of that mismanagement.
Now the club have new owners and they were able to reduce that debt and bring the Toffees' finances back into something approaching a more sustainable level.
There is also the new Hill-Dickinson Stadium, which will hopefully substantially increase match-day revenue and bring new commercial opportunities.
But Everton are not out of the woods yet, and this will impact how much David Moyes can spend in the transfer window, which officially opened today.
What it will almost certainly mean is that the Blues cannot spend huge sums, and this probably rules out big money, headline-grabbing buys of the sort that characterized the early years of Moshiri's ownership.
So, this means that attracting players such as Delap is proving difficult, as the club's woes in recent seasons have given Everton the air of a club in near-permanent crisis.
The Toffees don't have to spend extravagant amounts of money anyway, and instead need young, hungry talent that has something to prove. Players like Carlos Alcaraz, who has just turned his January loan into a permanent deal, are an example.
There are plenty of places Moyes can look for affordable and good quality playing talent, and this window must mark the beginning of a new strategy based on sound scouting and successfully identifying younger players ready for the step up, including those in the academy.
Because the Blues simply cannot afford to make those same old mistakes of the past, as this transfer window could be a game-changer for the club.