By Alex Taylor

Everton will drop their interest in Leicester’s Kasper Schmeichel after appointing Steve Walsh as their new Director of Football, according to a report.

The Guardian claim that the two sides have reached an agreement in which Everton will not sign Leicester players for a specific period of time.

The Toffees brought the former Foxes assistant manager to the club this summer in a trio of fresh faces at Goodison Park, including new manager Ronald Koeman and billionaire owner Farhad Moshiri.

The hot talent-spotter has been credited with finding the players who spearheaded Leicester’s against-the-odds title win, including Jamie Vardy, N’Golo Kante and Riyad Mahrez.

The news will mean that Koeman will have to end his interest in Schmeichel as well as being unable to pursue deals for the likes of Riyad Mahrez and Robert Huth this summer.

Koeman has only strengthened his goalkeeping department so far, with the experienced Maarten Stekelenburg and young prospect Chris Renshaw.

The club are also expected to let youngster John Stones leave in a £53million world record transfer, which would see Everton with a good transfer pot to delve into.

In other Everton news, Toffee target Juan Mata has dismissed speculation surrounding his exit from Old Trafford after telling young fans not to listen to the media.