Walters is a self-confessed Everton fan.
"It's a really good move for him," enthused the 29-year-old to the Irish Independent.
"Obviously the manager knows him pretty well and that's always a good sign when a manager wants you that much that he's willing to spend all that money on you.
"James won't be moving a far distance and he's already got a good friend at the club in Seamus Coleman. He'll fit right in, I'm sure he will.
"He's a top player and I know there were a few clubs courting him over the last year or so. They've got a really good buy and it's the team I support, so yeah, I'm reasonably happy about it too!"
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