The midfielder had seemed destined for a move to Huddersfield Town, but a last-gasp approach from Derby could change his destination.
Cocu is wasting no time shaping his team after succeeding Frank Lampard last week and despite being away on pre-season camp in Florida the Dutchman is well across transfer targets.
Dowell is a primary name on his list, with the England Under 21 international set to be allowed out on loan from Goodison Park.
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