Everton are in desperate need to add reinforcements to their squad after a difficult season in the Premier League, and now a potential setback has been revealed from a reliable source.

What's the latest?

Italian journalist and transfer insider Fabrizio Romano has revealed more details on the ongoing situation with Everton and Tottenham Hotspur over their interest in signing Richarlison this summer.

Romano took to his Caught Offside column to confirm that Spurs are in talks with the Brazilian winger's new agents, however, the Merseyside club wants €70-75m (£60.4m - £64.8m).

So far their valuation of Richarlison has not been met according to the report, but Tottenham are interested in the player along with other clubs.

Supporters will be deflated

There is no doubt that supporters will be deflated with the news that Richarlison is looking likely to leave Goodison Park this summer, especially when you consider his importance in the team.

Richarlison was the top goal scorer for the Toffees this season with 11 goals and came to the rescue at the business end of the Premier League campaign to deliver six important goals in the last ten games, making a huge impact on Everton's survival following a difficult relegation battle.

The 25-year-old's goal contributions and influence would surely be a huge loss to Frank Lampard if he was to leave ahead of next season, however if the club can earn the transfer fee they have set for the Brazilian it would give Everton the chance to reinvest and identify a worthy replacement.

The Toffees have been linked with a number of potential forwards with Lucas Moura and Armando Broja both named as potential transfer options for the club this summer, and Farhad Moshiri will need to make sure he works hard to identify the right replacement to ensure Everton are not caught short.

Ultimately, Lampard will need to prepare for the worst-case scenario that Richarlison will leave this summer and focus on planning for the season ahead to ensure the Merseyside club does not find themselves repeating the mistakes of last season all over again.

AND in other news: Lampard now "keen" on Everton deal to sign £50m machine, he's "Kante with goals"