Valencia have confirmed that Everton will have an option to purchase Manuel Fernandes on a permanent deal when, as expected, he joins the Premier League club on loan in the coming days.
The Portugal international has arrived on Merseyside to undergo a medical and is expected to agree to return to the club having enjoyed a successful 11-game spell on loan with The Toffees last season before joining Valencia in a £12 million deal.
Confirming that the two clubs have come to an agreement over a loan switch for the midfielder, Valencia also revealed that Everton will have the chance to finalise a permanent deal should they wish to do so.
"The agreement includes an option of purchase on the part of the British club."