Bill Kenwright claims that David Moyes would be given money to bring in a player if he really wanted to add to his squad before the end of August.
The Everton Chairman said that there is a small amount of money for the Scot to spend should he see the need to bring in anyone else before the transfer window closes on Tuesday.
Kenwright said: “We discuss it every day. Whether he wants new arrivals at the moment I’m not sure. There’s always money available, it’s not much I have to say this season.
“We’ve made a few transfers and if the manager found someone he really, really wanted that was within a price range – or if he maybe did a bit of wheeler dealing.
“But I don’t think that’s top of his list at the moment. He’s really pleased with the squad that he’s got. I don’t know a manager in the world who wouldn’t like to make the right kind of additions, but he’s pleased with what he has got and is not desperate to sign anyone.”
Kenwright recently sanctioned the taking out of a further £14m loan from investment group Investec, borrowed against TV income for future seasons, but it is claimed that very little of that will be made available to the manager.