Everton boss Dave Moyes faces disappointment over his pursuit of Sporting Lisbon midfielder Joao Moutinho.

The Daily Star says agent Pini Zahavi met with Goodison officials in Portugal this week to try and thrash out a compromise deal for the Sporting Lisbon midfielder.

However, his club will not budge an inch from their £20m valuation of the player - and that is a price Everton simply can't afford with other deals still to be done.

It's a huge blow to Moyes, who is yet to break his duck in this summer's transfer window, especially as Moutinho has publicly stated his wish to join the Toffees.