Ronald Koeman: Everton agree deal with Southampton for new manager
Last updated on .From the section Football
Everton have agreed a deal with Premier League rivals Southampton that paves the way for Ronald Koeman to become their new manager.
The Toffees will pay about £5m compensation for the 53-year-old Dutchman, who leaves Saints after two years in charge.
Everton have been without a manager since they sacked Roberto Martinez just before the end of the 2015-16 season.
It is expected Koeman's appointment will be confirmed by Friday.
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Koeman, who has been headhunted by new Everton owner Farhad Moshiri, will sign a deal reported to be worth about £6m a year.
The former Netherlands international, who is on holiday, will take brother Erwin and fitness coach Jan Kluitenberg with him to Goodison Park.
Saints have finished seventh and sixth under Koeman - their best Premier League campaigns.
Martinez promised Champions League qualification when appointed but Everton finished 11th in 2015-16, his third year at the club.

In April, Saints chairman Ralph Krueger said discussions with Koeman over a new deal were progressing "in a very good direction", but added the club was "not in any real hurry".
And last month the former Ajax, PSV Eindhoven and Barcelona defender said he expected to stay with the Saints for the final year of his contract.
Koeman made more than 763 appearances as a player, scoring 253 goals, and won the 1988 European Championship with the Netherlands.
He won the European Cup - now the Champions League - with PSV Eindhoven in 1988 and Barcelona in 1992, scoring the winner for the latter against Sampdoria at Wembley.
He also won four domestic league titles apiece in the Netherlands and Spain.
Koeman has since managed Vitesse Arnhem, Ajax, Benfica, PSV, Valencia, AZ Alkmaar, Feyenoord and Southampton.
He has won the Dutch league with both Ajax and PSV.

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Former Southampton and England forward Matt le Tissier said he was "disappointed" and "quite surprised" at Koeman's decision to leave, particularly with Saints playing in the Europa League next season.
"He may feel he has got a better chance of winning trophies at Everton. I'd be of a slightly different opinion," Le Tissier told BBC Sport. "I understand they've got a new owner and want to splash a bit of cash, but it might not be as easy a job as he thinks.
"Most clubs in the Premier League are pretty wealthy now and can compete in the transfer market. We just have to move on and look to the next man to take us forward again.
"The players' loyalty lies with the football club and hopefully they will kick us on again next season."
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The Saints also have an excellent academy and Hampshire is a nice place to live.
Koeman's salary at Southampton: ~ £3.5 million a year.
Koeman's proposed salary at Everton ~ £6-7 million a year.
Its basic maths.
Feel for Southampton, always forced into becoming a feeder club.
Unfortunately loyalty doesn't count for much these days when it's all about money.
He's been offered £100million to spend this Summer and Everton have one of the richest men in Asia at the helm. Was Mancini stupid to go to Man City as they weren't so good when he took over?
Good luck to the toffees (LFC fan)
"He sold out like the rest of them."
So you've never moved jobs or grasped an opportunity to improve your pay or further your career prospects mattyrjb?
If not, don't criticise others with more foresight than you for doing so.
...Everton get a gate of 38,000 compared to Saints 30,000
20 Years Ago in the top flight, Everton gate was 34,000 compared to Saints 15,000"
_
As a neutral... you could say that Southampton are 'on the up'; a growing club enjoying and building upon their most successful period: now.
20 years ago is irrelevant. Ask Pompey or Leeds fans.
This so called "small club" have continuous presence at the top table for over 60yrs and should the new stadium be built,they could become a major threat.
I am sure Mr Koeman does not consider this move a downward/sideways step!
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You can see what you want. No law against that
..who have not moved forward and always seem happy to be the underdog and in the shadow of Liverpool
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Never happy, and not any more!