Everton are set to miss out target Niko Kranjcar because of the club's financial situation.
Manager David Moyes wanted to take Kranjcar on loan in January because Tottenham's £3million asking price for the Croatian international is beyond his club's means.
But the player would prefer a permanent deal rather than a loan move after falling out of favour at White Hart Lane.
Bayern Munich, Newcastle and Liverpool have all been linked with the 26-year-old who also played for Harry Redknapp at Portsmouth.
Everton have £40m-worth of debts and Moyes accepts he will not be able to chase the big names in the transfer window, saying: 'Our spending has been quite tight and relatively small compared to that of the Premier League.'
One player who looks certain to leave Everton next summer is out-of-contract Steven Pienaar. He is hopes to secure a pre-contract agreement in January with Inter Milan.
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