Everton legend Neville Southall says chairman Bill Kenwright needs to find new investors.

Southall, rated one of the best goalkeepers in the world during his 17-year career at Goodison Park, fears Everton will be overtaken unless they find major investment.

He told the Daily Express: "Everton did well last season and have to push on. But Manchester City are spending tons of money, Spurs look like they will be doing the same and you would expect Aston Villa to keep on spending. Everton have to find someone to put money into the club. "