sport news Everton are preparing a major squad overhaul after Richarlison's £60m exit trends now
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Everton are preparing for life after Richarlison and a major squad overhaul is in the works as Frank Lampard looks to prevent his side from being dragged into another relegation battle next season.
However, the Toffees' dire financial situation will prove to be a huge stumbling block if the reported £500million takeover – led by former Manchester United and Chelsea CEO Peter Kenyon – doesn't come to fruition.
Everton's need to balance the books saw them sell star striker Richarlison to Tottenham in a £60million deal, with the deal confirmed by the north London club on Friday morning.
Everton are preparing for life after Richarlison, who completed his £60m to Spurs on Friday
Toffees boss Frank Lampard is now aiming to improve the squad ahead of the new season
There is still uncertainty with what exactly Everton can spend in the summer window due to their need to comply with Financial Fair Play (FFP), with free signings and loan moves on the agenda.
But while Everton supporters will be reeling from losing Richarlison, owner Farhad Moshiri will be hoping to somewhat soften the blow by announcing the signing of James Tarkowski.
Sportsmail understands Tarkowski move to Goodison Park is complete and will announce his move imminently after his contract at Burnley expired on Thursday.
James Tarkowski is on the cusp of completing his move to Goodison Park as a free agent
The defender has spent six and a half
