THOSE Evertonians who daydream of a gold-plated gazillion dollar takeover may not welcome the sentiment, but David Moyes may be right when he says he does not need a limitless fortune to transform his side.

That is not to suggest that other areas of the club are not in need of serious investment, of course they are, but would a canny transfer operator like Moyes really need Manchester City levels of cash to turn the Blues into top four material?

Chelsea set a new benchmark when they paid £50m for Fernando Torres, but there are many who suspect Moyes could make Everton close to perennial Champions League qualifiers with that sum alone.

Moyes may be indulging in wishful thinking when he pines for investment over new ownership – who in their right mind would plough millions into a financial drain like a football club and not want the vanity of being top dog? – but it’s easy to understand his frustration.

Many felt he was nearly there last summer. With a squad that was so overwhelmingly strong in key areas along its spine – from Tim Howard, to Phil Jagielka, to Marouane Fellaini and Mikel was only lacking one crucial ingredient; namely a top class centre-forward.

“Everton could be very close to being very good for not an awful lot of outlay. It might not be one of those clubs that needs £300m-£400m to turn it around,” said Moyes recently.

“The stadium needs investment obviously, but maybe one side can be developed to start with. I'm not sure, something like that. Maybe the football team doesn't need £100m. Maybe the football team needs an amount that would give it a chance to breathe again and grow a little bit more. That's maybe why we don't need a zillionaire."

Add a proven, experienced 20-goal-a-season striker to the current Everton mix (and crucially retain all current assets) and there would be a team ready to hit the ground running next season. Of course, they don’t come cheap – perhaps the right man would cost in the region of the £22m it cost Villa to buy Darren Bent, the closest to a sure thing goalscorer you can find in the Premier League – but it’s the most glaring gap in Everton’s ranks.

Whoever he signed would be sure to come under ruthless scrutiny, but centre-forwards are arguably easier to buy because they can prove their pedigree very simply by referring to the statistics. It may take some a while to get going in the UK, it is far too early to rule out someone like Edin Dzeko, but if you spend £20m you normally get what you pay for up front.

So what for the remaining £30m? Given Moyes’ track record in spotting bargains, he could inject some new competition into the back four by signing a younger centre-half to keep the outstanding Sylvain Distin on his toes, and then address the issue of his two midfield flanks where he has perhaps been lacking proven quality for some time.

Nobody would claim Seamus Coleman has not been anything but a breath of fresh air on the right side of midfield this season, but the Irishman is likely to revert to an attacking right-back eventually. Everton could benefit from a wide playmaker who can finish with the unerring accuracy of Florent Malouda or Ashley Young and few would bet against Moyes finding one on the continent.

Maybe the Blues boss will be tempted to flash whatever cash he actually receives this summer on Blackpool’s David Vaughan, arguably as influential to their cavalier play as Charlie Adam. But with that fantasy £50m pot he could pick up two or three players in Vaughan’s mould, while also considering a move for Wolves striker Kevin Doyle, a robust target man who runs endlessly and can operate as a lone forward.

Everton need a fortune to build a new stadium and plant themselves firmly on the map of football clubs which are also global brands. But the frustrating thing is, it’s pretty obvious David Moyes does not need a fortune, by Premier League financial standards anyway, to transform his team.