Former Southampton manager Ronald Koeman
Everton have announced Ronald Koeman as their new manager, confirming his appointment via their official website.
The Dutchman leaves Southampton despite leading the Saints to finishing above Everton in consecutive seasons, and has been tempted away in part due to the money the club will have available to spend this summer.
Yahoo Sports reported that Southampton were attempting to implement a 'no poaching clause' into the agreement between the two clubs to prevent Koeman taking their players to Everton.
Goalkeeper Fraser Forster, midfielder Victor Wanyama and striker Graziano Pelle would all be players Koeman could target to strengthen the spine of the Everton team.
England's Fraser Forster during training
Southampton's Victor Wanyama celebrates scoring their third goal
Italy's Graziano Pelle scores their second goal
It is claimed this would contravene Premier League rules, and no restrictions apply, but of course the Saints make the final decisions.
Southampton will not want to keep any unhappy players, but they would also drive a hard bargain, as Liverpool have found out to their cost in recent seasons.
Everton have the money, but this is the first summer they can afford to really splash the cash, and will want to do so sensibly. If Southampton ask too much then they will simply look elsewhere.