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Everton's Ronald Koeman says big money transfers do not equal success

Ronald Koeman poses for a photograph after becoming the manager of Everton Football Club on June 14, 2016
Image: Ronald Koeman says big money buys will not guarantee success

New Everton manager Ronald Koeman may have a huge transfer budget at his disposal but insists splashing the cash will not be key to success at Goodison Park.

The Dutchman is understood to have been promised funds of about £100m - plus anything he generates from sales - to get the Toffees back on track after two disappointing seasons under Roberto Martinez.

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Despite that being the biggest sum ever given to an Everton manager, Koeman believes it will not be the sole solution to all their problems.

"Of course, we have a budget to make the team strong but we will do this with all the people who are at Everton," he told the club website.

Eden Hazard and Romelu Lukaku were both among the goals for Belgium
Image: Romelu Lukaku (centre) has been angling for a move away from Goodison Park

"You can't do it by yourself, you need everybody pulling in the same direction - the fans, the players, the board, the staff - to get a very good family feeling and to reach something special."

Koeman's long-anticipated arrival was finally concluded on Tuesday and although the 53-year-old is at a new club he remains on familiar territory having managed Southampton for two years.

"First of all it's nice to be part of the Premier League because it's the strongest competition in Europe," he added.

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"It's a competition, which as we saw last year, is very unpredictable.

James McCarthy (C) of Everton celebrates scoring his team's first goal with his team mates
Image: Players and fans are going to be key to Everton's success, says Koeman

"It's also a great chance to become the manager of a club like Everton, a club that has a big history and that has really good players.

"I am looking forward to next season and the support of the fans for the players.

"We will do everything to have a really good season and if there is a really good understanding between the players and the fans then we can do something really nice for next season."