Everton agree transfer but £15m deal in jeopardy after fresh financial blow

26 August 2023 , 01:00

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Everton manager Sean Dyche may be set for more frustration in the transfer market (Image: Tony McArdle/Everton FC via Getty Images)

Everton have agreed to send Mason Holgate on loan to Southampton but a deal for Che Adams to move in the opposite direction has not been struck.

Everton have been close to agreeing a package for Adams worth approximately £15 million. However, the recent collapse of Everton's investment deal with MSP Capital has created financial uncertainty for the club, leading to concerns about the initial down payment for the Southampton striker.

Holgate's departure from Everton on a temporary basis is expected to be confirmed in the near future. The 26-year-old defender is travelling to the south coast on Friday to undergo a medical with Championship promotion hopefuls Southampton, reports the Liverpool ECHO.

Holgate's move comes after he was given permission by Everton to leave either on loan or permanently during the summer transfer window. He has yet to feature in the Premier League this season and struggled for regular game time last season under manager Sean Dyche.

On the other hand, there are fresh complications in negotiations for Adams' transfer to Goodison Park. While both clubs are close to agreeing on a fee of around £15million, the financial uncertainty surrounding Everton has raised concerns about the initial payment for the Scotland international.

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Despite Southampton still believing that the transfer could happen, there is now a leaning towards it not materialising. Additionally, another Premier League club have shown interest in Adams, further complicating the situation for Everton.

If Adams fails to secure an exit before next week's transfer deadline, he could consider signing a new deal with Southampton. In their pursuit of attacking reinforcements, Everton have also initiated discussions with Udinese regarding Beto, the Portuguese striker who has been performing well in Serie A over the past two seasons.

Southampton's Che Adams in Everton's priority target in attack (Matt Watson/Southampton FC via Getty Images)

However, Beto comes with a hefty release clause of £30 million, making him potentially twice as expensive as Adams. Meanwhile, the Blues remain keen on Leeds United winger Wilfried Gnonto, who has handed in a transfer request at Elland Road, but Championship side are adamant he is not for sale.

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Chris Beesley