Simms was recalled from a loan spell at Sunderland midway through last season as a possible solution to Everton's striking woes, but the 22-year-old struggled to get much game time once Sean Dyche was hired as manager.
Samuels-Smith has never featured in a competitive game for Everton's senior side, but the teenager was a regular for England in the recent Euro Under-17s.
Fabrizio Romano claims that deals for the pair have been agreed between the clubs involved, and only medicals are still to be ticked off.
Reports indicate that Coventry will pay somewhere between £6m and £8m for Simms, but it appears that Everton target Viktor Gyokeres will not be part of the deal, and will instead sign for Sporting Lisbon.
Simms was absent from training as the Everton squad returned to Finch Farm this morning for the start of pre-season.
The striker is expected to be on his way down to the West Midlands in order to complete his medical on Friday, where he will likely be the replacement for Gyokeres who is in advanced talks with Sporting.
Simms enjoyed a fruitful spell at Championship Sunderland in the first half of last season, scoring seven goals in 17 matches.
However, with Dominic Calvert-Lewin suffering multiple injury setbacks, and Neal Maupay struggling in front of goal, Simms was recalled with Everton lingering down in the relegation zone.
In Simms's first game back, he won a penalty in a 4-1 defeat at home to Brighton & Hove Albion as an 82nd-minute substitute — a similar kind of cameo he had to become accustomed to for the rest of the season.
Dyche only started the forward
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