Southampton boss Ronald Koeman is on the verge of agreeing a deal to take over as Everton manager, The Mirror report.
The Dutchman will have plenty of money at his disposal thanks to investor Farhad Mohsiri, but the Saints are attempting to get a clause inserted into the deal which would prevent him raiding them in the transfer market.
This will lead Koeman to look for new talent, and the money at his disposal could allow him to cherry pick the best of the best in the Championship.
Here is a look at three players he could consider...
Derby County ace Will Hughes has long been touted as one of the best young players in the Championship, and is coming off the back of an injury hit season.
This could allow the Toffees to snap up Hughes at a knock down price, and join a cast of promising players which Koeman could work with.
The England under-21 international has previously been linked with Everton's Merseyside rivals Liverpool, and if they could secure his signature it would be seen as a big coup.
Britt Assombalonga is one of the most dangerous forwards in the Championship, even if a knee injury restricted him from showing so last season.
Having come through his rehab, he scored after making his Nottingham Forest comeback late in the season.
Assombalonga was Forest's top scorer before his injury, and has the physicality and explosiveness to be a success in the Premier League, and Everton could put together a bid which is too good for the Championship side to turn down.
Everton's interest in Lewis Cook has already been reported, with The Sun discussing their interested earlier this year.
It is easy to see why they hold an interest in the Leeds United midfielder, who won the Football League Player of the Year award this past season.
He has only one year left on his current contract, which puts Leeds in a difficult position if Everton come up with a sizeable offer.