Moshiri bought the majority of shares at Everton in 2016 and since they have spent around £500m in player recruitment under a clutch of managers.
Benitez took the reins at Goodison Park in the summer following Carlo Ancelotti’s surprise exit and has had to rely on second string players and academy starlets in recent months, with injuries to key players, which has also resulted in them struggling for results on the pitch.
Former top flight star Carragher has blasted Everton for their recruitment process which he feels has seen them splash cash mostly on average, unreliable Premier League players in recent transfer windows since Moshiri became the majority shareholder.
Carragher insisted that given Everton’s spending, the quality of squad inherited by Benitez is unacceptable and stressed they do not have the depth to stay in the top ten in the absence of several key players.
“Everton’s predicament is a damning indictment of how the club has operated – especially the horrendous recruitment process – since Moshiri became majority shareholder in 2016”, Carragher wrote in his Daily Telegraph column.
“Around £500 million has been spent, most of it wasted on average, unreliable Premier League players.
“The absence of three key players in recent weeks – Dominic Calvert-Lewin, Abdoulaye Doucoure and Yerry Mina – has exposed the limitations of a squad that does not have the depth to stay in the top 10 without them.
“Given how much has been invested in it, the quality of the squad Benitez inherited is unacceptable.”
Owing to Financial Fair Play regulations, most of Everton’s recruits in the summer were free agents and it remains to be seen how much backing Benitez will get from the club’s hierarchy in the upcoming January transfer window.