Sean Dyche will be named the new Everton manager TODAY after Marcelo Bielsa rejected the chance to replace Frank Lampard.

Dyche will not be majority owner Farhad Moshiri’s first choice to try to save his club from a first relegation since 1951 and a potential financial disaster.

But the 51-year-old has become the last man standing and will return to the Prem after being sacked by Burnley in April with the Clarets on the way down to the Championship.

Former Toffees boss Sam Allardyce was considered, as was Davide Ancelotti, the son of another of Moshiri’s former managers.

Ralph Hassenhutl, unemployed since his dismissal from Southampton, also made the shortlist.

Yet all three were not considered the right fit for the second–bottom club in dire straits off the pitch as well as on it.

The ideal appointment for Moshiri would have been managerial guru Bielsa who guided Leeds back to the top flight after 14 years in exile.

He flew into Heathrow from Brazil on Thursday raising hopes he would agree to the Goodison gig.

But Everton was offering him less than the £6million per year salary that was his personal salary.

He had grave reservations about the quality of the squad, especially over a lack of pace within the defense.

Source:thesun.co.uk