Peterborough United Director of Football Barry Fry insists that Everton have a huge amount of money to spend this summer, regardless of who their manager is going to be.
The Toffees have yet to appoint a permanent replacement for Carlo Ancelotti, who left to join Real Madrid earlier this summer.
They have been linked with a number of managers, but Rafael Benitez appears to be at the head of the queue despite a fan backlash.
Fry, though, insists that the Toffees will spend big in the next transfer window such is the ambition of owner Farhad Moshiri and Bill Kenwright.
Indeed, Everton backed former boss Carlo Ancelotti to the hilt in the summer transfer window, as they brought in the likes of James Rodriguez, Allan, Ben Godfrey and Abdoulaye Doucoure.
Speaking exclusively to Football FanCast, Fry said: “They have got big money to spend, they’re very, very ambitious, Bill Kenwright and the owner, they want to make Everton a top-four club, let alone a top six club or a top half club, they want to make them challenging for all the honours imaginable.
“So they have got to get it right in the managerial role otherwise come Christmas, if they start off badly, the whole thing will be out of the window and they’ll be disgruntled to say the least, the Everton fans.”
Everton ultimately finished 10th in the Premier League last season, eight points behind the top four.