Everton face the prospect of selling playmaker Gylfi Sigurdsson at a massive loss this summer, Football Insider understands.

The Iceland international, 30, enters the final two years of his contract this summer and the club will listen to offers for him.

A Everton source has told Football Insider that there is likely to be at least one big-name exit this summer amid football’s changed economics caused by the Coronavirus pandemic.

Sigurdsson has been a mainstay of the team since signing from Swansea City in 2017 but has struggled to live up to is £45million fee.

Everton’s hopes of recouping anywhere close to what they paid for the attacking midfielder are looking increasingly bleak amid football’s cash crisis.

Transfer fees are expected to crash this summer and the best Everton may hope for is less than half of what they paid, around £20m.

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However, the good news for Everton is that they, like other clubs, won’t be paying anywhere near what they would have otherwise for their own prime targets in what is expected to be a buyer’s market.

Everton are planning a major overhaul of their squad as they target players capable of helping Carlo Ancelotti’s side mount a top-four challenge next season.

One of their ambitious targets is Aston Villa playmaker Jack Grealish, who has been one of the outstanding players in this season’s Premier League.

Sigurdsson has made 23 league starts among 29 appearances in all competitions this season, scoring two goals and supplying two assists.

He has been a regular goalscorer and creator, netting 22 times and supplying 14 assists from 103 matches in all competitions but he has not been as influential at Goodison as he was at Swansea.

In other Everton news, it can be REVEALED that the club are set to lose £42m in devastating blow.