Robert Elstone has voiced his concerns ahead of UEFA's Financial Fair Play regulations which are introduced at the start of the 2013-14 season.
Everton announced record turnover in their recent accounts, with income up to £82m as of May 2011, but we are in the pauper's league when it comes to spending.
Our debt, a cause for concern among some supporters, stands at £44.9m while, without player trading, we would have posted significant losses for the 2010/11 season.
Bobby E said: 'For 130 years one of the legitimate ways to fund a football club is for a benefactor to invest and take his club from down here to up here, and the financial fair play rules basically close the door on that option.'
'Say you're the owner of the oil or gas pipe coming out of Belarus and you want to take your local club on and win the Champions League in 10 years.'
'Financial fair play stops you from doing that and I philosophically disagree with that. The new rules will ingrain the existing order. UEFA will say 'that's great', and what you are doing is rewarding the clubs with big stadia and big fan-bases who are being run on those financially sensible grounds.'
'But football is about dreams and I wonder if that dampens the dream a bit.'
We can always dream of an Evertonian oil magnate from Belarus!
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