Reports: Everton to seal multi-million signing within days, will be paid in three instalments

Everton appear to be wasting no time in laying the groundwork for what could be a transformative summer at Goodison Park—or rather, at the club’s soon-to-be new home, the Hill Dickinson Stadium. With fresh ambition fuelling the Toffees’ project both on and off the pitch, significant progress has already been made as the club looks to reshape its squad ahead of the new season.
Backed by new ownership under The Friedkin Group, guided tactically by returning manager David Moyes, and energized by the impending move to a state-of-the-art stadium, there’s a palpable sense of optimism among the Everton faithful. A new era is dawning, and the fans are beginning to feel the winds of change.
Departures Confirmed as Squad Rebuild Begins
As part of the initial stage of their summer business, Everton have already sanctioned the exits of several players. Loanees Jack Harrison, Jesper Lindstrom, Orel Mangala, and Armando Broja have all returned to their parent clubs following the conclusion of their temporary spells on Merseyside. In addition, several contracts have reached their natural end, with Abdoulaye Doucouré, Ashley Young, Asmir Begović, and Joao Virginia all departing as free agents.
While these exits mark the start of a squad overhaul, questions still remain about the futures of other members of the first-team roster. Some players may yet follow those out the exit door as Moyes evaluates who fits into his long-term vision.
Everton Close in on Permanent Deal for Carlos Alcaraz
One player who does appear to be part of Everton’s future plans is Carlos Alcaraz. The midfielder, who arrived on loan from Flamengo in February, is now set to make his move to Merseyside permanent.
According to a report from The Times journalist Paul Joyce via his personal X account on Wednesday (28 May), Everton are close to finalizing a deal worth £12.6 million for the 22-year-old Argentine. The transfer is expected to be completed by the end of the week, specifically by Saturday, 31 May.
Joyce’s report aligns with previous coverage by Brazilian journalist Leticia Marques of GE, who revealed that discussions had been underway between Everton and Flamengo to strike a deal. The original loan agreement did not include a compulsory purchase clause, likely due to performance-related expectations. However, after evaluating Alcaraz’s contributions, Everton have now decided to make the move permanent.
Marques added that the structure of the deal will see the £12.6 million fee paid in three instalments, offering Everton a financially manageable route to secure the promising midfielder’s services.
A Smart Signing Despite Limited Appearances
Although Alcaraz didn’t play as many minutes as initially anticipated following his winter arrival, his influence grew steadily towards the end of the campaign. The Argentine made 16 Premier League appearances in total, but started only seven matches. Had he featured more consistently, it’s likely the original agreement would have included an automatic obligation to buy.
Nonetheless, Everton have used the circumstances to their advantage. They’ve negotiated a reduced fee with Flamengo, reflecting Alcaraz’s limited game time while still securing a player with clear potential. In his final four matches of the season, Alcaraz impressed—scoring once and registering two assists, hinting at the quality he could offer in a full campaign.
Looking Ahead: A Midfield Option for the Future
With Moyes now shaping the squad to his liking, Alcaraz could become an important piece in Everton’s midfield puzzle. His technical ability, vision, and growing confidence suggest he could flourish under the guidance of the experienced Scottish manager.
As Everton prepare to settle into their new home at the Hill Dickinson Stadium, supporters will be eager to see how Alcaraz develops and contributes to the club’s ambitions. His permanent arrival could prove to be a savvy piece of business—an early signal that Everton are planning their resurgence with both precision and purpose.
For Evertonians, the hope is that this is just the beginning of a bold summer that sets the tone for an exciting new chapter in the club’s history.