Everton on verge of agreeing ‘expensive’ Tom Cannon loan exit, seven-figure fee mentioned
Preston North End are closing in on a deal to re-sign Tom Cannon on loan after agreeing terms with Everton, according to Alan Nixon.
The newspaper journalist reported on his Patreon on 1 August that the Championship club have won the race to sign the forward after beating off competition from Birmingham City, Stoke City and Blackburn Rovers.
He said Preston will pay close to the “expensive” £1million asking price the Toffees had been seeking to allow the 20-year-old to leave on loan after he enjoyed an impressive spell at Deepdale last season.
Great business
This is great business by the Everton hierarchy to secure an excellent loan fee for a young player to temporarily go back to a club that helped his development last season.
Although it’s a relatively small fee in Premier League terms, the extra cash will go some way towards helping Sean Dyche bring another senior player in before the transfer window closes.
It’s no surprise that there has been a lot of interest in signing Cannon after he had a fruitful loan spell with the Lilywhites during the last campaign, where he scored eight goals in 20 appearances in his first real taste of first-team football.
Nixon revealed in his report that the Toffees have fielded several loan bids and even a couple of attempts to buy this summer, with the club keen for him to get some playing time in the upcoming season before returning to fight for a first-team place in the future.
There will be a lot of eyes at Goodison Park watching how he does over the course of the next year as he could prove to be a valuable player down the line.
In other Everton news, Sean Dyche has made a transfer admission amid the “tough market”.