David Moyes wants to make sure the conditions are right before committing his future to Everton, but insists he will not destabilise the club.
Moyes is out of contract in the summer, and has said he will wait until the end of the season before deciding whether to sign a new deal.
Chairman Bill Kenwright admitted on Thursday that the uncertainty over the manager's future had put the club in a difficult position. Kenwright added that if Moyes does decide to end his 11-year tenure at Goodison Park, he will be able to leave "with his head held high".
The Toffees boss has indicated that he wants to see whether his chairman can attract new investors to the club while he considers his future. But Moyes is hopeful that he will get the backing he is looking for to improve his squad.
"Being at Everton is something I would be really happy with," he said. "I've been in discussions with the chairman for quite a few months. We've had three or four meetings and every one nudges things along a little bit further. Part of the discussion is about what the investment is. That's part of the talks that are ongoing at this present time.
"What I am trying to do is make sure I give Everton the best chance of going forward. I wouldn't want it any other way. I would never do anything, in any way, to jeopardise Everton or the football club. I want to make sure the supporters see a promising, fresh-looking team for the seasons to come.
"We have to make sure the finances we have give us the opportunity to do that. We have a small squad, and in truth we have an ageing squad as well, which we need to look at. I need to be capable of being able to make those changes for the best of Everton.
"We are well aware of where we are at this moment in time. I have always said that where we finish, what we do at the end of the season - that will be a better time for us to make a decision than just now."
Kenwright has hinted that he has had outside calls enquiring about the Everton manager's job. Asked for his view on that, the former Preston boss said: "It's a great job, Everton. It really is."
Moyes, who leads his side into Premier League action against Stoke at Goodison Park on Saturday, is hopeful that goalkeeper Tim Howard and centre-back Phil Jagielka will be available.
Howard has been out since sustaining a back injury during the 3-1 FA Cup fifth-round replay win over Oldham on February 26, while Jagielka suffered a gashed ankle in the opening minutes of the 3-1 Premier League win over Reading on March 2.