Everton are set to match Newcastle's £30 million offer for Watford forward Joao Pedro.
The 20-year-old Brazilian is the subject of a transfer tug of war between the two Premier League clubs.
While the Magpies want a person to provide competition to striker Callum Wilson, Everton need to get attacking reinforcements due to the departure of Richarlison.
Injury to Dominic Calvert-Lewin and the possible departure of Anthony Gordon are also causing issues for the Toffees.
According to the Daily Mail, they are ready to battle Newcastle to secure Pedro in the coming days.
Pedro may feel that even though Newcastle are on an upward trajectory, he would get a lot more game time at Everton under Frank Lampard this season.