The 28-year-old impressed during a three-month loan spell at Goodison Park last season and said recently he is keen to return.

But Moyes is quoted in The Guardian as saying: "We'd love to have Landon but he looks too expensive for us and we just don't have it.

"We don't have the finances. The price they want for him is very big and it's an additional problem because of his age."

Donovan is thought to be valued at around £10million.

Everton have signed three players this summer but paid a fee for only one - £1million on Magaye Gueye.