Everton are set to hold off on signing a third senior centre-back in January even though Farhad Moshiri is willing to bankroll a major signing, Football Insider understands.
The Merseysiders tried to recruit Kurt Zouma from Chelsea on a permanent deal in the summer to compete with Yerry Mina and Michael Keane for a starting spot.
An Everton source has told Football Insider that Marco Silva and his staff were ready to make a fresh proposal to the board for a new proven centre-back in the upcoming window.
But they are ready to make a U-turn following the impressive form of Mason Holgate at the back.
Everton may now look to instead sign a younger centre-back in January and use the available cash to strengthen another area of the team.
Billionaire Goodison owner Moshiri funded another major splurge last summer, with more than £100million spent on new signings in his latest attempt to narrow the gap on the elite.
Everton have had a poor start to the campaign but climbed to 15th in the table after winning 2-1 at Southampton before the international break.
Holgate has started the last three matches in central defence, replacing the axed Keane in the last two games as he struck up an encouraging liaison with Mina.
The youngster is now set for an extended run in the side after winning over Silva.
He has made 56 appearances for Everton, many of them at right-back, and spent last season on loan at West Brom.
In other Everton news, it can be REVEALED that the club are jostling with West Ham to sign Arsenal academy star.