Everton reach deal with Southampton over manager Ronald Koeman - reports

Everton's pursuit of Ronald Koeman remained ongoing on Tuesday with no confirmation from the Goodison Park club about the Dutch manager.

Talks continue with Southampton over a suitable compensation package for Koeman, with no official word from either club despite reports saying a deal had been struck.

The BBC and other outlets reported on Tuesday that Everton will pay £5 million in compensation, even though the 53-year-old has only one year remaining on his contract at Southampton.

Once that negotiation has been completed, getting Koeman to agree personal terms may be slightly easier, although the chances of actually seeing the Dutchman on Merseyside appear slim as, according to reports in his homeland, Koeman has gone on holiday again.

He has left his agent Rob Jansen to take care of his interests while he is away and it will be he who negotiates the final package with Everton chairman Bill Kenwright and majority shareholder Farhad Moshiri when Everton are given permission to speak to Koeman by Southampton.

Everton are also reportedly keen to recruit Sevilla's sporting director Monchi to undertake a similar role at Goodison Park once Koeman's appointment has been confirmed.

The 53-year-old has helped make the Spanish club a significant profit in the transfer market during his 15-year spell in the job after securing top fees for players with untapped potential, while also contributing to five Europa League victories in the past decade.

Sevilla reportedly would require £3.8m to trigger Monchi's release, but that is unlikely to deter Everton, backed by Iranian billionaire Moshiri who has reportedly set aside a £100m transfer war chest for the new manager.

Information from Press Association was used in this report.