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Everton’s latest failed takeover will not affect their summer transfer plans despite the club’s two-and-a-half-year search for a new owner showing no signs of ending.

Everton remain adamant that Jarrad Branthwaite will not be sold unless their rivals meet their £80m valuation, which is almost double the higher of the two offers made by Man Utd, while the club will not have to cash in on other players after agreeing a £50m fee. with Aston Villa for defensive midfielder Amadou Onana.

Everton’s summer transfer budget was agreed in talks involving Sean Dyche, director of football Kevin Thelwell and chief executive Colin Chang at the end of last season on the basis that the long-awaited takeover from 777Partners would not be completed in time for the summer window.

The collapse of that deal after nine months of negotiations in June caused little surprise at Goodison Park, but Everton were left stunned when another American firm, the Friedkin Group, pulled out of a £600m takeover bid on Thursday night .

Everton’s financial position is secure in the short term as, in addition to the Onana fee, they pocketed £20m from the sales of Lewis Dobbin and Ben Godfrey to Villa and Atalanta respectively last month.

In addition, the club also received the first of three central Premier League payments for next season’s TV appearances last month, initial fees worth around £70m, which will allow them to pay player wages and cover their running costs for the next few months.