AS the footballing world whipped itself into a frenzy last week over the financial shenanigans at Liverpool and Wayne Rooney’s dramatic loss of form at Manchester United, two managers offered rare words of wisdom amidst all the media hysteria:  Everton boss David Moyes, speaking to the Independent newspaper before his side’s home game against neighbours Liverpool on Sunday, made some telling remarks about his rivals.

Although Liverpool have the much better record in the Merseyside derbies, Moyes went straight for the jugular when he said: “If you are going to mention Liverpool’s record… our debts are far, far less than Liverpool’s. So that’s why it’s always been very difficult to get results.”  Moyes then went on to say: “Maybe it will become really unfashionable to be really in debt and owners will have to manage.” We can only hope.

Moyes continued: “I’d have done anything to be at the top but what I couldn’t do was go and spend outrageous money that would put the club in jeopardy.”

Wise words but whether Liverpool’s new American owners will exercise restraint and responsibility remains to be seen.  They have already pledged “to go toe-to-toe with Manchester United” and restore the club to the position of English football’s No.1.  They seem to have forgotten Chelsea and Manchester City and their mega-millions…

As it turned out, despite the presence of their new owners in the directors box, Liverpool succumbed to a feeble 2-0 defeat which leaves them second from bottom in the Premier League after eight games. Worrying times for the one-time football giants.

Another Sunday game featured minnows Blackpool at home to Manchester City. The Independent’s football writer Glenn Moore illustrated the gap between the two clubs by saying that City have paid Yaya Toure as much in wages since he joined City in July as the £2.8m Blackpool boss Ian Holloway has spent in total on signings to prepare for the Premier League.

Holloway told the newspaper: “If I looked at it in terms of money would I even come into work? I’d feel I stand no chance, so what’s the point of coming in. If it was all about how much you’re on we’d be bottom of the league by a zillion miles.”

Then in a comment aimed no doubt at some of the Premier League’s high profile stars who find themselves in the newspapers for other than footballing reasons, Holloway added: “Life ain’t about the shirt you wear, the car you drive or how much you’re on. It’s about how much you care about the job you do.”

Blackpool lost 3-2 to City but once again gave a creditable performance especially when you take into account their meagre resources.

I sincerely hope that those responsible for the welfare of young footballer Michael Gyasi take note of Holloway’s comments.

The 11 (yes 11) year-old Northampton Town striker has just joined Chelsea for an undisclosed fee.

Gyasi had been part of the Northampton centre of excellence for the last three years and boss Trevor Gould said: “While we obviously want to produce and keep our best players, when a Premier League club like Chelsea come knocking, as long as the deal is right for the club, we will never stand in a boy's way,” added Gould.

For a child that young to be coveted and then acquired by Chelsea speaks volumes for his talent but for the spotlight to be on him at such a tender age brings with it a host of potential problems.  Let’s hope he comes through it unscathed and emerges as a potential England star.