Richarlison has completed his medical at Everton and is set to join on a £50 million deal from Watford in the next 24 hours.
Marco Silva worked with the Brazilian last season and was keen to reunite with him this summer.
An initial fee of £35 million is set to be paid for the player but clauses will take the overall price-tag nearer to £50 million.
That will make it a club record, ahead of last summer’s £45 million signing of Gylfi Sigurdsson.
There have been conflicting reports today in Spain regarding recent reports in England over Lucas Digne. The Mirror recently claimed Everton had agreed a £22 million fee for the French international.
However, that does not appear to be the case.
According to Sport, Everton have offered Barcelona just €10 million (£8.9m) for the player, with Barcelona wanting €16 million (£14.3m).
Everton currently have a delegation in Spain trying to thrash out a deal for the left-back.
German side Werder Bremen want Everton midfielder Davy Klaassen. Kreiszeitung are reporting that the Bundesliga side are hopeful of signing the former Ajax captain in a £11.6 million deal this summer.
That would be a huge £12 million reduction on the £23.6 million Everton paid Ajax for the player last summer.
Klaassen failed to find his form at Everton and is expected to depart this summer.