It’s understood that Everton manager, David Moyes, has been told that he will have funds available to use in January.
A chunk of this money will be coming directly from the £10m sale of Mikel Arteta, who completed a move to Arsenal in the last hour of the summer transfer window.
The Toffees have found money hard to come by in recent years, becoming notoriously low spenders due to the lack of cash injection that’s available.
It’s also understood that the manager’s priority in the window will be a midfield replaced for their departed Spaniard, and a striker.