Everton boss David Moyes insists his team will bounce back.

Moyes refuses to accept any doom and gloom.

"I think they will bounce back. You can't stand still, but that doesn't always mean you spend billions to make it happen," he said.

"If that's the case, you are going to have two or three clubs who can do that and no one else. But we have shown over the past eight or nine years it is possible to progress and be up there."

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