Carlton Palmer believes that having money to spend could persuade David Moyes to return to Everton, but said that remaining at West Ham might be his best option.

Following the surprise recent departure of Carlo Ancelotti back to Real Madrid last month, the Toffees are now searching for a replacement ahead of the start of the 2021-2022 season.

And along with former Wolves manager Nuno Espirito Santo, Moyes has emerged as a potential contender to replace Ancelotti and return to Goodison Park more than eight years after leaving.

Moyes spent 11 years at Everton between 2002 and 2003, only departing to become Manchester United manager after Sir Alex Ferguson finally retired.

But the Scot is currently on the verge of penning a new long-term contract with West Ham having led the Hammers into Europe for the first time in five seasons following their sixth-place finish.

And whilst Palmer thinks that Everton's budget could convince Moyes to reject West Ham's offer, he gave a one-word verdict exclusively to Football FanCast when asked if he could actually see the 58-year-old making the move:

"Maybe. If there's money to spend at Everton, they've already got a good squad there.

"He's in a very strong position in terms of what he's achieved at West Ham, but I'm one of those people where if you've done what you've done and got the momentum where you are, then why leave?"