Tottenham have been put on transfer alert after David Moyes revealed that Everton may look to cash in on Steven Pienaar.

The Toffees have been unable to secure a new contract for the talented South African, who is in the last year of his contract, and the news of Everton willing to listen to January offers is certainly going to alert Harry Redknapp who made an approach for the winger in the summer.

Moyes feels the club has no option but to take the money now, rather than run the risk of losing him on a free at the end of the season.

“It may well come to it in the January transfer window that we have to consider selling Pienaar to raise money, because he is out of contract in the summer.”

The Everton boss is keen to use the funds to bolster his squad, although fears the money will not be enough to bring in a top class striker that the Toffees clearly need.

"But we know we need a striker, and realistically, the sort of money we will raise through that route, what type of player is it going to buy for us in the January market.

"The sort of money I'd raise, I don't think it will attract the type of player we need, the type of player we are looking for to provide the goals.

"The sort of money it will cost, I don't think selling a player will solve that particular problem, and it is probably a reality that we will have to look at bringing in a loan player, that it will be the loan market we will need to look at to provide some sort of solution." Sky Sports

Pienaar has scored 9 goals in 97 Premier League appearences for Everton since his £2m move from Borussia Dortmund.