Everton chairman Bill Kenwright is delighted to be welcoming Valencia midfielder Manuel Fernandes back to Goodison Park.
He told evertonfc.com: "I think he will be a good signing and we are very pleased to get him back as he was very much part of the Everton family.
"He phoned David Moyes on the weekend and said he can't wait to get back. It is a good loan signing for us."