By Alex Taylor

Everton are set to hand Romelu Lukaku a new contract worth £100,000-a-week, according to a report.

The Telegraph claim that new owner Farhad Moshiri has sanctioned the move in order to stave off interest from Chelsea.

The Everton target man has been strongly linked with a move back to Chelsea just two years after completing a £28million move from the west London club.

Lukaku had been expected to quit Everton along with John Stones after Euro 2016, but it is said Moshiri is willing to hand the Belgium international a contract worth over £100,000-a-week to stay and may price the striker out of a move even if he refuses to sign a new deal.

The report also suggests that Everton’s prized asset is valued at £75millon by Moshiri due in part to the length of his contract, which isn’t set to expire until June 2019.

It is believed that the 23-year-old will finalise his summer plans once he has returned from the European Championships with Belgium.

Lukaku has already scored 119 goals in 278 games since his emergence with Anderlecht in the Belgium First Division in 2009 and has bagged 20 goals in two of his first three seasons at Goodison Park.

Everton’s reluctance to sell and Lukaku’s high price tag could deter Chelsea owner Roman Abramovich, who may well turn his attention towards Spain’s Alvaro Morata instead.

In other Everton news, Ronaldo Koeman could be perfectly placed to guide Everton towards a top four finish next season.