Sean Dyche has opened up on the difficulties in the transfer window for Everton.

The Toffees boss admitted to the Liverpool Echo that financial problems have affected the club’s business – however he has given another reason as to why transfer activity has been slow for the club.

Everton have only made one signing so far this summer, welcoming Ashley Young on a free transfer earlier this week following his release from Aston Villa.

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The Premier League club are desperate to strengthen their squad this summer as they look to avoid another relegation battle, however they don’t have the budget to bring in a number of their targets.

Despite their lack of cash, Dyche has revealed why else Everton have struggled in the summer transfer window.

“We’ll just wait and see,” Dyche told the ECHO. “We’re active and are trying to open up situations. 

“It’s a tough situation all round because money often makes deals go through. It’s not just that – I say it all the time – people have got to agree things.

“We’re active, people are working very, very hard to see what we can do in the market.”

Who could be Everton’s second signing of the transfer window?

After a very slow start to the window, Everton look to be gradually closing in on a number of targets.

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Sky Sports Italia have reported that the Toffees are closing in on a deal for Wilfried Gnonto, though there has been rumours surrounding his arrival for a couple of weeks now and there is yet to be any confirmation.

Meanwhile, the Merseyside club are expected to increase their bid for Almeria’s El Bilal Toure after seeing their initial offer turned down.

While a number of other targets are on their radar, Everton seem to be focusing on landing some new attackers to bolster their weakest position.

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