Hello and welcome to the Liverpool ECHO's Thursday live blog for all your very latest Everton news, rumours and transfer gossip.

The ECHO will provide breaking stories, reaction and comment to all the big talking points from Goodison Park - as well as keeping tabs on transfer market gossip from around the world.

Everton are thought to be close to appointing Carlo Ancelotti as their new manager and we've got all the reaction to last night's Carabao Cup defeat to Leicester City.

Blues correspondent Phil Kirkbride and reporter Adam Jones are also on hand to provide live updates from each of Duncan Ferguson's Premier League press conferences as well as team news, commentary and analysis from every game home and away.

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Moshiri's 'transfer promise'

It has been reported Farhad Moshiri will back Carlo Ancelotti in the transfer window if the Italian coach completes his move to Everton.

The Telegraph report: “Ancelotti has been given assurances that he will be able to make changes to his squad in the next transfer windows and that Everton’s owner, Farhad Moshiri, continues to have ambitions of breaking into the top six. Ancelotti is expected to sign a contract until 2024.”

They also report Ancelotti could bring with him his staff from previous managerial roles. This includes Ancelotti’s son-in-law, Mino Fulco who is a nutritionist and worked at Bayern Munich, Real Madrid and Napoli.

The article also states Davide, fitness trainer and coach Francesco Mauri will also potentially join Ancelotti on Merseyside.

Carlo Ancelotti reacts during the Serie A match between Udinese Calcio and SSC Napoli at Stadio Friuli on December 7, 2019
Carlo Ancelotti reacts during the Serie A match between Udinese Calcio and SSC Napoli at Stadio Friuli on December 7, 2019 (Image: Photo by Alessandro Sabattini/Getty Images)

Top of the morning

Good morning, Blues.

Lots in store for you today. We will have the latest updates on Carlo Ancelotti as well as Farhad Moshiri’s ‘transfer promise’.

We will also bring you full reaction to Everton’s shootout defeat to Leicester.

I’ll be back shortly with your first update of the day.

Until then, have a lil mooch over these must-read stories from the past 24 hours.