Everton have completed the signing of Manchester United midfielder Darron Gibson in a deal believed to be worth around £1.5 million.
Both clubs confirmed that the Republic of Ireland international completed the move to Merseyside on a four-and-a-half year deal after agreeing personal terms and completing a medical.
The arrival of Gibson marks Everton’s second signing of the January transfer window, with Landon Donovan re-signing on loan from L.A Galaxy earlier this month.
Toffees boss David Moyes has spoken extensively in recent weeks about that lack of transfer funds available to him during the January window.
However, the Scot is likely to be happy with the deal that takes Gibson to Goodison Park for less than half the £4 million figure Sunderland were set to pay over the summer for his services before the deal broke down.
The 24-year-old has made just one Premier League appearance for Manchester United this season, with the return of Paul Scholes to the United squad pushing him further down the pecking order at Old Trafford.
Gibson admitted his time with Manchester United had been ‘hard’ because of the lack of first team opportunities, but says he is looking forward to helping his new club move up the Premier League table.
"I was very frustrated [at Manchester United]," he said. "It was hard for me at times.
“I think when I did get a chance I did well and obviously I was getting left out afterwards and I was playing one or two games here and there. It was very frustrating. I think it was the right time for me to move on and I’m looking forward to my time here.
"I’m really looking forward to kicking on now. When everyone’s fit it’s a great squad and hopefully me coming in can improve the team a bit and we’ll start to kick on from here."
Everton have been searching for a midfield replacement for Mikel Arteta ever since the Spaniard departed for Arsenal over the summer, but have had their hands tied after Moyes revealed the £10 million they received from that deal went straight to the club’s creditors and not into a transfer kitty.