“When it comes to the fee, both clubs are still miles apart”
A club source said: “Everton know what we are willing and not willing to pay and they’ve got Txiki’s number if they want to get the deal done.
“But when it comes to the fee, both clubs are still miles apart. More talks will take place, but there will have to be a compromise on both sides.”
City have had an initial bid of £35m rejected, but further talks are planned for next week with both clubs needing to reach a compromise.
Everton are seeking top dollar for Stones, knowing 15 per cent of any transfer fee goes to his former club Barnsley as part of the deal which took him to Goodison Park in 2013.