The rolling contract means if he wants to quit he has to serve a years notice, unless some agreement can be reached. Ditto, if the club want sack him they have to pay him a year's salary. It's nowt to get airy-ated about.
Also,Everton are not being particularly well run. Often,when people aren't sure of the direction of travel,they stick with the status quo...hence,another loan season and then see where we are .
The lad in the middle was a dab hand at turning water into sauce - probably just hadn't got round to it yet.