Everton are ready to break the bank to land Valencia winger Joaquin.

The News of the World says Everton want to bid £11million for Joaquin. Toffees boss David Moyes sees the Spanish star, 26, as the missing link.

He wants his pace and crossing ability to set up more chances for Yakubu and Andy Johnson.

Everton clinched a UEFA Cup spot so can offer European football - something Valencia will miss out on after a poor La Liga season.