Everton have had a disappointing season in Marco Silva’s debut year in charge and find themselves struggling to finish in the top 10.
They sit 11th in the table and their patchy form has seen the Portuguese coach fearing for his job.
It comes after a big transfer window last year where a number of top stars were brought in including Richarlison, Yerry Mina and Lucas Digne.
And Toffees chief Brands is set to bankroll another huge summer splurge – with or without Silva at the helm.
Everton are looking to sign seven players to overhaul the squad this summer, with the Dutch transfer guru keen on young talent that can be nurtured over established stars.
The Daily Mail report that the ex-AZ chief wants to bring in a goalkeeper, two strikers, two full-backs, a centre-back and a midfielder.
That would contradict Brands’ earlier comments in the season where he showed his trust in the youngsters already in the squad.
“I think we have a good squad and I am aware that the fans are asking if we can find a new striker who can score 20 goals,” Brands said earlier this month.
“I think we are a very, very lucky club in England that we have three players with great potential who are just 21-years-old.
“We have Dominic [Calvert-Lewin], we have Richarlison and we have Ademola [Lookman].
“And if I bring in a new player, a huge striker or a name, should I destroy one of them?
“It is also my goal to protect those boys. Everyone agrees with me that they have great potential and a great future.”
But the Daily Mail go on to report that one striker has already been identified in the shape of Lille forward Rafael Leao.
The Portuguese star was courted by the Goodison Park outfit last summer but opted to move to Ligue 1 instead to increase his first-team opportunities.
Leao was one of a number of players to terminate his contract at Sporting Lisbon after and attacked the squad and staff in astonishing scenes at the training ground.
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