Landon Donovan believes the side are now capable of competing with anyone following the strengthening last month.
Following the victory over Manchester City last week coupled with the business done by boss David Moyes in the last week of the transfer window, there is now an air of expectancy around the club.
The new found confidence will be put to the test against Chelsea this weekend but the USA star believes the side are ready.
"Since the day I got here there has always been the belief this team can compete with any team in the Premier League," he told the Post.
"When I was here last time we beat Chelsea, Manchester United, Manchester City and should have drawn at Tottenham - so there is no fear in this club.
"We have a lot of respect for Chelsea, they are one of the best teams in the world, but we feel at Goodison we have a chance and we are going to go for it."