Everton are ready to spend big on former Barcelona midfielder Xavi Torres.

The Sunday Mirror says David Moyes is eyeing up a £4million January swoop for Malaga midfielder Torres.

The Everton boss had Torres, who is on a season-long loan at Levante, watched in the newly-promoted La Liga side's 2-0 home win over Atletico Madrid eight days ago after receiving glowing reports on the 24-year-old's form this season.

Now he is ready to make his move for Torres when the transfer window opens up at the start of next month - and torpedo Levante's hopes of landing him on a permanent deal.

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