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Erstwhile Southampton manager Ronald Koeman is in talks about taking over at Goodison Park after Everton agreed a compensation deal with the Saints.
The Dutchman had been in talks with the St Mary's outfit about extending his three-year deal on the south coast after leading the club to a sixth place finish and Europa League qualification last season, but these talks appear to have stalled and Everton have made their move.
The clubs have now reportedly agreed a compensation package for Koeman's services, believed to be in the region of £5m, and Everton have now opened discussions with the former Dutch international defender about moving to Goodison Park.
An official announcement is said to be still several days away but it is believed that the 53-year-old will want his assistant manager Erwin Koeman and first-team coach Jan Kluitenberg to move with him, with Saints first-team assistant coach Sammy Lee and goalkeeping coach Dave Watson expected to stay.
Everton are also understood to have targeted Sevilla's sporting director Monchi to undertake a similar role at Goodison Park upon confirmation of Koeman's appointment.
Monchi has a proven ability to identify players with untapped potential and has engineered a sizeable transfer market profit during his 15 years at the Spanish club.
It is believed that Monchi has a £3.8m release clause built into his Sevilla contract which would be unlikely to deter Everton's new backers who have allegedly set aside £100m for new players for the incoming manager.
By: Kieran O'Daly