Carlo Ancelotti wants reassurances over Everton’s transfer plans before taking over at Goodison Park.
The 60-year-old is the leading contender to become Everton manager following Marco Silva’s sacking.
But Ancelotti is intrigued by Everton’s proposal and flew into London earlier this week for face-to-face talks with owner Farhad Moshiri.
An agreement is yet to be finalised with Ancelotti wanting assurances over the squad he will be working with before accepting the deal on the table.
Ancelotti wants to find out about their plans for next summer with the director of football Marcel Brands leading their transfer strategy.
Brands has been tasked with cutting a hefty wage bill but the Italian is likely to want to bring in his own players.
The Toffees take on Leicester in the EFL Cup on Wednesday night at Goodison Park, with Duncan Ferguson remaining in interim charge.
Everton are back in action against Arsenal on Saturday and hope to have Ancelotti in charge for that game.
Ancelotti had been linked with the managerial vacancy in north London and in a remarkable turn of events, is set to come up against former Everton target and midfielder Mikel Arteta.