Carlo Ancelotti is reportedly stalling on agreeing a lucrative deal to become Everton manager as he seeks assurances over the club's transfer policy.
Ancelotti was sacked by Napoli last week and has since been courted by the Toffees over taking over as manager at Goodison Park.
BREAKING: Carlo Ancelotti has arrived on Merseyside for talks with Everton as they search for Marco Silva’s replacement.
— Sky Sports News (@SkySportsNews) December 16, 2019
There have been conflicting reports over the past few days over what stage the deal was at, with Sky Sports News claiming that the Italian was in Merseyside having talks with the club's majority shareholder Farhad Moshiri.
These claims were refuted by others, who insisted that Ancelotti was in Rome or that any talks would take place in London where Everton board are based.
In the latest twist in the saga, the Daily Mail are reporting that the 60-year-old is holding out on completing a move to the club as he wants to know what the club's transfer policy will be over the next few seasons.
As reported by the Mirror, Ancelotti will be permitted to bring in his son, Davide, as an assistant coach - a position he held during his father's time at Bayern Munich and Napoli. Duncan Ferguson is also set to be given a similar role.

Ferguson is currently in interim charge of the Toffees and has picked up two good results during his reign - a 3-1 win over Chelsea and a 1-1 draw against Manchester United.
The Scotsman has also connected well with the fans, which is something that Ancelotti will be keen to build upon should he take over at the club.
For more from Matt O'Connor-Simpson, follow him on Twitter!