Everton have agreed on a deal worth up to £40m for Arsenal forward Alex Iwobi.
Everton were after Crystal Palace winger Wilfried Zaha, but the club could not match the Londoners' £80 million valuation.
Iwobi has not been a regular starter at the club, and the arrival of Lille winger Nicolas Pepe could have seen him down the pecking order.
Iwobi is expected to be paid a weekly wage of somewhere between £120,000 and £150,000.
Read more: Transfer Deadline Day - Deals Done
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