Carlo Ancelotti is building something exciting at Everton. 

The revered Italian tactician arrived at Goodison Park in December 2019 and helped guide the Toffees to a 12th-place finish after a rocky start to the season. 

Now, he's looking to take them to the next level. 

Everton have always been on the cusp of European football but haven't played in the Europa League for five years now. 

They will be absent again next season, but excitement is certainly building around the club. 

That's thanks to Ancelotti and the signings he's made in his first summer transfer window. Last week, three big names players moved to Merseyside.  

Highly-rated Brazilian midfielder Allan was announced first in a £22.5m deal from Napoli. He was joined by Watford's Abdoulaye Doucoure, who arrived for just under £20m three days later. 

Allan completed his move to Everton

Then came the biggest star - James Rodriguez. The Colombian has switched Real Madrid for Everton and arrives on English shores as one of the most exciting signings of the summer. 

His move was officially announced on Tuesday and many outlets had reported the fee to be around £20 million. 

But it seems Everton have actually pulled off one of the biggest coups of the transfer window and have actually signed Rodriguez on a free transfer. 

Rodriguez was actually a free transfer

According to Transfermarkt, the club have confirmed they did not spend a single penny on the transfer. 

James is easily the biggest name to arrive at Everton in quite some time, so the fact he's moved for nothing is quite incredible. 

Foot Mercato report, per Sport Witness, that Real Madrid were very keen to offload the attacking midfielder this summer and even went out of their way to offer him to Everton. 

Everton got a bargain

With Ancelotti - a huge admirer of the player - at the helm, a deal to bring him to the Premier League was very easy. 

By getting Rodriguez on a free, Everton might just have completed some of the best business of the summer.