Everton spend breakeven on transfers in general but they also breakeven from football operations in general, too.
They used to spend more than they got because the goal was at least to reach breakeven.
We make a profit on transfers and we also make a separate profit on operations. It's a different attitude to investment and growth. We're a club with a small mentality right now. If we spent enough just to breakeven on transfers, a lot of fans would be happy. If we actually showed some ambition and spent to breakeven on operations, which means Fat Mike wouldn't have to dip into his pocket, fans would be even happier and we'd be better off. The problem is the fat one won't even allow us to spend what the club generates by itself.