Everton are looking for a new manager following the recent departure of Ronald Koeman.
The Sun has claimed that the former Newcastle United and West Ham United manager wants a contract for the next two-and-a-half years.
Allardyce also wants a bumper pay deal and a survival bonus, as well as his own backroom staff, according to the report.
“Allardyce is keen on Craig Shakespeare, just sacked by Leicester City as manager, and keeper coach Martyn Margetson,” adds the report in The Sun.
Allardyce is a very good manager and knows the Championship inside out, and he would be a good managerial appointment for Everton.
Former Crystal Palace manager Allardyce is an expert in keeping struggling clubs up.