Reports: Everton continues to spend with Sandro capture

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Everton’s busy summer continues as multiple reports state the club is ready to announce Malaga striker Sandro as their third signing of the transfer window.

The 21-year-old Spaniard has completed his medical, according to Dominic King of the Daily Mail among others, and will be announced in the next 48 hours. He was tracked by Atletico Madrid, but with reports of Fernando Torres close to a contract extension and the club chasing Chelsea frontman Diego Costa, Sandro was pushed to the Premier League.

[ MORE: Sunday’s transfer rumor roundup ]

According to the reports, Sandro will cost Everton around $6.6 million. The Spanish youth international scored 14 La Liga goals last season for Malaga in 30 appearances, closing the season well with seven goals and three assists in the club’s final nine league games.

The signing is possibly the club’s most significant of the summer, as it is the biggest signal yet that Romelu Lukaku is all but gone from Goodison Park. Sandro is most likely Lukaku’s replacement up front, and the more Everton – a club not exactly known for unlimited financial means – spends, the more it becomes clear they are banking on a large influx of cash in the near future. However, it’s unlikely the club will shoulder all of the goalscoring duties on a 21-year-old, and another striker could be on the way in before the season starts anew.

Everton has already captured Sunderland goalkeeper Jordan Pickford and Ajax captain Davy Klassen for a combined $60 million, with the former becoming their record signing.