Everton supremo Farhad Moshiri is tightening the transfer purse strings.

They have splashed out over £250million on transfer fees in the past two years.

But with Everton sitting in the bottom half of the table, Moshiri said: “Throwing money is not the answer.

“It's getting the performance level and improving them. It is about development, about driving the club.

“There will be no reaction that has not been thought out."

He continued: “You have to get it right — the buying of players and the development. Infrastructure is important and to comply with financial fair play you need to go for younger players on low wages.

“The challenge is still progressing while keeping the wages down.

“I think we've learned. We've had poor judgement but I feel we are in the right direction, even if it's been difficult."