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Ishak Belfodil: Everton close on Standard Liege's £10.5m-rated Algeria forward

Everton are closing in on their third signing of the January transfer window after agreeing a £10.5m deal for Standard Liege's Algeria forward Ishak Belfodil.

Director of football Steve Walsh identified Belfodil, 24, as a potential addition and Everton are now hopeful of taking their spending this month to around the £45m mark.

Everton's transfer activities have moved up a gear since Koeman demanded action after the FA Cup third-round exit to Leicester.

Manchester United's Morgan Schneiderlin was having a medical on Wednesday.

The France midfielder, 27, is expected to cost the Toffees up to £24m.