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Everton pay Southampton compensation for Dutch boss

 Football News 24/7
 On the day the Premier League fixtures were announced Everton agreed they will pay about £5m compensation for the Southampton boss Ronald Koeman.

Everton have been without a manager since they sacked Roberto Martinez just before the end of the 2015-16 season.

Koeman said Everton is a club with a "great history and real ambition", while chairman Bill Kenwright called the Dutchman his "number one target".

A deal with the former Netherlands international, headhunted by new owner Farhad Moshiri, was agreed earlier in the week and is reported to be worth about £6m a year.

The official announcement was delayed until Koeman returned from holiday.

"Ronald has such a strong track record in the game, instantly commanding respect for what he achieved as a player and for his qualities and accomplishments as a manager," added Kenwright.

"We are really pleased to have secured the man who was our number one target from the moment we set out to appoint a new manager."

Everton will face his old side Southampton in November at St Mary's and in January at Goodison Park.


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