Everton are looking for Walsh to fill the Director of Football role at Goodison Park.
The Blues have targeted Walsh as the man they want to fill the newly created Director of Football role at Goodison Park.
They had previously been linked with Sevilla chief Monchi, with the Liverpool Echo reporting last month that they were set to battle Paris Saint Germain for his signature.
Sevilla Sporting Director Monchi.
He was not allowed to leave by the Europa League champions though, who have also seen Unai Emery depart this summer.
As a result Everton have turned their attention elsewhere and a report from the Telegraph this week claimed Walsh was at the top of their list.
And it seems a move could definitely be on the cards, with the Telegraph now claiming that the Premier League champions are resigned to losing their man.
Leicester City manager Nigel Pearson and assistant Steve Walsh (L)
The move would be a huge boost for Everton, who would be keen to see him replicate the work he did in bringing both N’Golo Kante and Riyad Mahrez to the Kingpower Stadium.
It woud come as a blow to the Foxes meanwhile, although the report claims that they are hopeful that Director of Football John Rudkin can replace Walsh.
New manager Ronald Koeman during the press conference