Everton are set to announce Carlo Ancelotti as their next manager in the near future.
Ancelotti was seeking transfer assurances before taking the job at Everton, and he has now been convinced that he will have money to spend at Goodison Park.
Moshiri is prepared to give Ancelotti plenty of funds to spend in January to reshape Everton’s squad.
The Italian boss is now set to put pen to paper on a deal worth £11.5 million on Merseyside.
Ancelotti’s arrival at Everton is a signal of the Toffees’ ambition, as the experienced boss is one of the most high-profile managers in world football.
There are some question marks over whether Ancelotti is ideally suited to taking over at a club just above the relegation zone, but there is no doubting his credentials.
Ancelotti is a serial trophy winner, and Everton will hope that he can spark a big improvement in the team.
Everton are currently in 16th place in the Premier League table, just three points above the relegation zone.
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