Everton have reportedly failed with an offer for Benfica's Brazilian international defender Luisao. According to Portuguese sources, a £10.5million bid for Luisao was quickly snubbed by Benfica, informing the Toffees that they will only do business at £17.5million.

It now remains to be seen whether Everton will come back for the 27-year-old central defender, who is seen as an ideal replacement for the departed Joleon Lescott