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Throwing money at the problem is not the answer for Everton, even in managerial search

A general view outside Goodison Park is seen prior to the UEFA Europa League group E match between Everton FC and Apollon Limassol at Goodison Park...
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Everton are said to have tried again for Watford manager Marco Silva.

Marco Silva, Manager of Hull City reacts uring the Premier League match between Hull City and Watford at the KCOM Stadium on April 22, 2017 in Hull, England.

According to the Daily Telegraph, Everton have failed in a fresh bid to bring Marco Silva to the club from Watford, this time offering £10million for the manager’s services, and it seems the Toffees are following the example they set last summer by throwing money at the problem – or at least trying to.

Everton spent vast sums signing a number of players in the last transfer window, but that policy came back to haunt them when they struggled to justify the hype and Ronald Koeman subsequently paid with his job.

Marco Silva, Manager of Hull City reacts during the Premier League match between Hull City and Watford at the KCOM Stadium on April 22, 2017 in Hull, England.

Having failed in their initial attempt to bring Silva to Merseyside, it seems Everton have no intention of giving up and feel that additional money will ensure a deal gets over the line sooner or later.

But is throwing increased wads of cash at the problem really the answer? After all, it did not work in the summer and that free-spending means Watford know just how flush Everton are and, perhaps more importantly, how desperate they are.

Ronald Koeman, Manager of Everton (L) reacts as Bruno Genesio manager of Lyon (R) looks on from the touchline during the UEFA Europa League Group E match between Everton FC and Olympique...

The problems all come together for an Everton board that was too quick to sanction massive spending on the wrong players. If the Toffees were going to spend big, a replacement for Romelu Lukaku was vital, and yet the Toffees have far less in their transfer kitty but no recognised goal-scorer to their name.

Now they are trying to use their increased spending ability to fill their vacant manager’s position, yet perhaps they should have thought of that before ditching Koeman, lining up a replacement who was ready to walk straight into the role.