Report: Moshiri plans to smash Everton wage bill in Champions League hunt

New Everton investor Farhad Moshiri in the stands

The Everton shareholder has reportedly already offered incoming boss Ronald Koeman a £100 million plus transfer budget.

Everton investor Farhad Moshiri and chairman Bill Kenwright in the standsEverton investor Farhad Moshiri and chairman Bill Kenwright in the stands

Everton majority shareholder Farhad Moshiri is willing to smash the club’s wage structure to turn them into a Champions League club, reports the Mirror.

The Blues are closing in on Southampton manager Ronald Koeman, having tempted him into swapping the south coast for Merseyside.

Southampton manager Ronald KoemanSouthampton manager Ronald Koeman

They have offered the Dutchman as war chest of £100million plus, as well as anything accrued from player sales, so that he can transform the playing squad this summer.

But that is not the only area they are willing to pay big in, with the Iranian business also offering big wages to get the top talent to move to Goodison Park.

New Everton investor Farhad Moshiri in the standsNew Everton investor Farhad Moshiri in the stands

According to the Mirror, he is prepared to offer players six figure weekly salaries after tax to secure the best talent available for his new manager.

That would smash their current wage structure, with the top earner currently Romelu Lukaku who earns around £70,000-a-week at present.

Indeed, the Belgian is widely expected to leave the club this summer and it will be interesting to see Moshiri extends his plans to offer big wages to him to try and ensure he stays at the club.

Everton's Romelu LukakuEverton's Romelu Lukaku

Register for EVERTON team updates

Register for HITC Sport - Daily Dispatch