Toffees knocked back in bid for Negredo.
Everton’s hopes of signing former Real Madrid and Sevilla striker Alvaro Negredo have been dashed after the Spanish club rejected a £12 million bid for the player.
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David Moyes was rumoured to be ready to make a move for the player after becoming increasingly frustrated with the inconsistent form of Nikica Jelavic.
The Scottish manager has found himself with funds to spend after the transfer of FC Twente’s Leroy Fer fell through after unexpected complications with the player’s medical.
Everton are looking to add reinforcements to their squad as they look to compete with the likes of Tottenham and Arsenal for the last available Champions League.
Tottenham currently occupy the coveted fourth position in the Premier League but Everton are just one point behind and have a history of performing strongly in the latter half of the season.
Spurs have also been linked with the Spanish striker and may still make a bid but a deal is now thought unlikely to be completed with the Spanish side not keen on attempting to find a replacement in such a small space of time.
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