By North-west correspondent Alex Stevens

Manuel Pellegrini has emerged as a surprise contender to replace Roberto Martinez at Everton next season, according to a report.

Chilean publication CDF.CL claim new Everton owner Farhad Moshiri is “really interested” in hiring the Manchester City manager.

Martinez’s position is under growing threat at Goodison Park following a string of poor results that culminated in a humiliating 4-0 Premier League defeat to rivals Liverpool on Wednesday night.

The Spaniard’s job could now rest upon Everton winning their FA Cup semi-final against Manchester United on Saturday.

Pellegrini will end his three-year spell at City at the end of the season, when he will be replaced at the helm by Pep Guardiola.

The Chilean has already won the Capital One Cup in his final campaign and has steered the club to the Champions League semi-finals, where they face 10-times winners Real Madrid.

His pedigree and experience is said to be of interest to billionaire Moshiri, who became the majority stakeholder in Everton last month.

Nevertheless, it would be a surprise if former Real Madrid, Malaga and Villarreal manager Pellegrini, 62, was to make the move from a Champions League calibre club to Goodison Park.

Ex Everton boss David Moyes condemned the team’s display as they were annihilated by Liverpool in Jurgen Klopp’s first Merseyside derby.

“You can’t hide it, Everton were terrible tonight,” Moyes told Sky Sports afterwards. “They were really, really poor.

“I’m going to give a little bit of help – they really missed Seamus Coleman and Phil Jageilka. Things didn’t go well for them in the game with injuries to the centre-half and the sending-off and Gareth Barry coming off at half-tim, but that wasn’t the reason Everton lost.

“Liverpool were much better and Everton didn’t do well enough in the first half, simple as that. It made the job too difficult being 2-0 down at half-time.”

The result keeps Liverpool in with an outside chance of a top-four Premier League finish. They are seventh on 54 points, six points behind Arsenal in fourth while Everton are 11th on 41 points.

In other Manchester City news, the club’s former manager Peter Reid slaughtered Ramiro Funes Mori for his challenge on Divock Origi.