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It's essential to understand the context surrounding Everton’s current financial status. Last season, the club barely avoided relegation, largely due to a deduction of points tied to financial fair play violations. This scrutiny has placed a layer of caution on their dealings. The new ownership entails an expectation of restructuring, especially given their plans for a new stadium, which translates into a hefty financial undertaking.
Given these constraints, Everton sought an arrangement that would allow them to adopt Alcaraz without immediately triggering concerns related to fair play regulations. Flamengo allegedly agreed to the loan structure primarily due to Everton's needs after their initial midfield options were impacted by injuries.