Everton are believed to have had a £6million offer rejected for Valencia ace, Ever Banega, according to the Daily Express.
Interest in the player is high among some of the Premier League’s top clubs, as confirmed by the player’s UK representative, Jonathan Hope.
Hope recently told Sky Sports: “I can confirm I am personally speaking to two top clubs who have expressed real intent in capturing the player.
“He is a top quality player and he is still only 25 and I believe he would be a major success in the Premier League.”
The player is seeking a move away from Valencia after falling down the pecking order at the club, which led to him being loaned out to Argentine club Newell’s Old Boys last season.
However, Everton have been told they must increase their offer to have any chance of landing the former Argentina international, with the club valuing the player at around £8 million.
It is believed that Everton were trying to keep their interest in the player quiet, to stop rivals Manchester United, Tottenham and Arsenal from making a move, but the rejected bid could start a bidding war between the four clubs.
Everton would usually be unable to compete with such competition, but the sale of Marouane Fellaini to Manchester United, plus the increase in revenue generated by their strong league position last season, means the club have money to spend this summer.
Everton are also thought to be in talks with Wolfsburg over an £8 million deal for winger Ivan Perisic, while a permanent deal for Romelu Lukaku may still be on the cards.