Tottenham complete £60m Richarlison deal from Everton

Tottenham have completed the signing of Everton forward Richarlison in a deal worth £60m, with the Brazilian signing a five-year contract at Spurs.

Tottenham offered £40m in writing at 4pm on Wednesday and Everton chairman Bill Kenwright initially went away, believing the offer was insufficient.

But a deal was later struck, with the north London side paying an initial £50m with a further £10m in add-ons as Richarlison completed his Spurs medical in Brazil.

Everton were not happy with the overall £60m package, but had to accept that fee to ensure Frank Lampard has wriggle room in the transfer market.

The 25-year-old becomes Spurs' fourth summer signing after Fraser Forster, Ivan Perisic and Yves Bissouma. Tottenham are also closing in on a loan deal for Clement Lenglet from Barcelona, while they are in advanced talks with Middlesbrough to sign Djed Spence.

Everton are understood to be under pressure to bring themselves in line with the Premier League's Profit and Sustainability rules before the end of their financial year, which was midnight on July 1.

Chelsea were considering rivalling Tottenham for Richarlison, one of several options the Blues are looking at to improve their front-line.

Chelsea are in talks with Leeds over a deal for Richarlison's compatriot Raphinha, with the Blues prepared to pay in excess of £50m to get the deal done, and hold interest in Man City's Raheem Sterling and Barcelona's Ousmane Dembele, who is soon to be out of contract.

Meanwhile, Tottenham have cooled their interest in Everton winger Anthony Gordon after the Merseyside club indicated during talks with Spurs that they did not want to sell the 21-year-old. It is understood Spurs did make a combined offer for both Richarlison and Gordon