Everton have been busy looking for new signings, and the Toffees have already brought in midfielder Morgan Schneiderlin and attacker Ademola Lookman from Manchester United and Charlton Athletic respectively.
Ishak Belfodil (R) in action for Standard Liege
However, manager Koeman still wants more new additions, and a priority has to be finding a striker to support Romelu Lukaku, with flop Oumar Niasse sent out on loan to Hull City.
Last week, Belgian newspaper La Derniere Heure reported that Standard Liege striker Ishak Belfodil was leaving the club's training camp in order to seal a €12million (£10.5million) move to Goodison Park.
Whilst Belfodil appeared to be on the verge of joining Everton, the deal has taken many twists and turns in recent days, and Belgian newspaper Het Nieuwsblad report that Belfodil's move to England is now off.
Everton manager Ronald Koeman
It's claimed that whilst Everton's director of football Steve Walsh was very keen to land Belfodil, manager Koeman wasn't quite so convinced, and after the move was held up by agents involved in the deal, Everton have allegedly decided to call off the move.
Belfodil, 25, has endured a nomadic career which has seen him feature for the likes of Lyon, Parma, Inter Milan, Livorno, Baniyas Club and now Standard Liege, where he has scored seven times in 16 games.
The Algerian has struggled to settle, and whilst he has talent, it seems that Koeman wasn't convinced that he would improve the Everton squad sufficiently to continue pushing for such a complicated deal.
It remains to be seen whether Everton and Walsh attempt to resurrect the deal, but the claims that Koeman isn't sold on Belfodil suggest that he won't be heading to Goodison Park this month.
Would you have liked to see Everton sign Belfodil?