After being considered surplus to needs at Goodison Park, the 26-year-old is currently on a season-long loan with Southampton.
The former England junior international’s contract with the Championship club does not include an option to buy, but the potential takeover by a US investment firm might bring more financial stability and speed his eventual move from the Merseysiders.
The center-back, who was highly regarded by Barnsley, transferred to the Toffees from the South Yorkshire club in 2015 for an estimated sum of £2 million.
The defender’s stint with the Blues hasn’t gone as well as many anticipated after he displayed a great deal of promise in his younger years.
Even yet, he has managed to play for England up to the U-21 level and made just shy of 150 club appearances.
The defender hasn’t really been in Sean Dyche’s long-term plans at Goodison Park, as evidenced by the fact that he only made eight appearances in all competitions last season, only three of which were under the current Everton manager.
Despite Sky Sports journalist Mark McAdam tweeting on August 13 that the Blues were looking to trade him, as a result, he ended up signing a loan deal with the Saints.
However, the player’s wages—who is thought to be on a respectable income after eight years in the Premier League—were the barrier to a permanent transfer.
The Englishman hasn’t had the easiest start to life on the south coast. He’s only made an appearance once in the first four games of the season, a 5-0 thrashing by Sunderland of Southampton in which he was substituted after 64 minutes.
There’s no way the Blues can afford to pay a portion of his contract to send him on permanently under Farhad Moshiri, and it seems unlikely that the Saints or any other club would be willing to match his salaries either.
But, with the regulatory process for the club to take over on Merseyside well along, that situation might change if more financial stability is established under 777 Partners.
The Toffees would have a better chance of selling players under the American corporation, according to Sky Sports journalist Alan Myers, who believes it will bring “serious business sense” to Goodison Park, which has been lacking for several years.
One of the first moves could be to sell any players Dyche does not want in order to earn finances to bring in new recruits, with Holgate likely to be one of the first names on the chopping block.
