Kenny tells Everton to push through '£50m' playmaker signing after Holgate reveal

Everton would ideally spend £50million on a creative player in the summer – but they must be careful to live within their means.

That is according to ex-Premier League goalkeeper Paddy Kenny, speaking exclusively to Football Insider about the Toffees’ recruitment plans for the upcoming window.

This site understands that the Toffees are plotting a move for an A-list centre-half and are prepared to offload Mason Holgate to fund the chase.

However, Kenny insists that a creative operator is the number one priority for Carlo Ancelotti’s transfer team.

But after the club posted eye-watering losses of £139.9million in their last set of financial results, he claims Everton might be unwise to break the bank in pursuit of one.

He told Football Insider correspondent Adam Williams: “I watched Everton at the weekend against Sheffield United and they really struggled.

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“You could tell they needed that creative spark. They were desperate for a number 10. They probably need to spend £50m, but I don’t know if we’ll see it.

“With everything that’s gone on with Covid, there are a lot of clubs where the budgets will be a bit more awkward.

“It’s a tough one because the whole impact of the pandemic has been huge.

“It depends on whether the owner wants to get the money out of his own pocket. A lot of clubs have been hit hard. They need to be careful.”

Everton’s 1-0 loss to the Blades on Sunday was their ninth home defeat of the campaign.

The Toffees sit in 8th place ahead of tonight’s clash with Wolves and face Man City on the final day of the season.

In other news, Everton braced for offers for Ancelotti amid interest from two European heavyweights.