Everton have no immediate plans to formally announce a new contract for boss David Moyes.
It is understood Moyes and owner Bill Kenwright have agreed in principle a new deal for the Scottish manager, but both parties are now concentrating their energies on squad strengthening at Goodison Park.
But it is clearly accepted Moyes would not be planning a variety of transfer deals if he was not happy with his own personal future at the club, and the backing of the board on the transfer front.
It is likely Moyes - who has one year of his current contract to run - will eventually sign a new five-year deal, but with wages believed to be considerably higher than the £50,000 a week that has been speculated.
Moyes has been in charge at Everton for six years and he is likely to become a rarity in the Premier League with a contract that produces wages higher than any of his players.
It is understood no player in his squad is paid more than £50,000 a week.
