Everton are joint favourites to sign Atletico Madrid striker Kevin Gameiro in the January transfer window, according the latest bookmakers’ odds.

BetVictor have the Toffees and La Liga side Valencia priced as 4/1 favourites to snap up Gameiro, 30, next month after the Mirror reported that a £20million price tag has been slapped on the France international’s head.

Newcastle (6/1) and Tottenham (6/1) are also in the running to snap up Gameiro next month, who could potentially find himself forced down the pecking order at Atletico Madrid once Diego Costa makes his way back to Spain when he eventually leaves Chelsea.

The Mirror reported in September that Everton have sounded out the possibility of signing Gameiro in January, but since then there has been a change of manager and a change in fortunes at Goodison Park.

Sam Allardyce has helped lift the Toffees well away from the Premier League relegation zone and they now look nicely poised to try and finish in the European spots once again.

However there is still a shortage of a natural goalscorer at Everton and Allardyce is very likely to splash some cash on bringing one in next month.

Subscribe to Football Insider TV now

Gameiro is a proven source of goals in La Liga, scoring 76 goals in 209 appearances in Spain’s top-flight across spells with Sevilla and Atletico Madrid.

The France international may just be the solution to Everton’s serious lack of firepower.

In other Everton news, this colossus has jetted in for talks with the Toffees ahead of a potential big-money January transfer.

We’ve launched a << BREAKING NEWS FEED>> exclusively for your club. ‘Like Us’ on Facebook by clicking here if you want 24/7 updates on all Everton breaking news.