Everton have taken their spending past £60million after concluding a deal for Malaga striker Sandro Ramirez.

After completing the signings of Jordan Pickford, who cost a club record £30m, and Ajax captain Davy Klaassen, who arrived for a fee of £25m, on Thursday – which represented the biggest investment the club had made in a single day – has swiftly followed on.

The Spain Under-21 international, who is with his country in Poland for Euro 2017, underwent a medical last weekend after he arrived on Merseyside with his advisors to discuss personal terms.

Everton have continued their summer spending by signing Sandro Ramirez (c) from Malaga

Everton pounced and activated the £5.2million release clause in the striker's contract

It had appeared earlier this summer that Ramirez would end up at Atletico Madrid but their subsequent transfer embargo opened the door for Everton to pounce and activate the £5.2million release clause in his contract.

It is expected Everton will make a formal announcement to confirm his signing in the next 48 hours but this flurry will not be the end of their activity, with manager Ronald Koeman and Steve Walsh, the Director of Football, working on more deals.

Gylifi Sigurdsson, the Swansea playmaker, could arrive and smash the transfer record that Pickford has only just set, with the Welsh club wanting £35million for the Iceland international, whom Koeman wanted to bring to Goodison Park 12 months ago.

The Toffees will also make a renewed push for Swansea midfielder Gylfi Sigurdsson

Michael Keane, the Burnley defender, is a prime target to bolster their defence and would cost £25million but a deal is some way from being struck for the England international, who had seemed at one point to be heading back to Manchester United.

Another striker is wanted, meanwhile, with Walsh a fan of M’Baye Niang, who has no intention of returning to Watford.