Everton have confirmed that they have reached an agreement with Twente for the transfer of Netherlands international Leroy Fer.
The 23-year-old is now expected to travel to Merseyside to undergo a medical and discuss personal terms ahead of an estimated 8.5-million-pound move.
The signing will represent David Moyes' first foray into the market this January and comes on the back of watching Kevin Mirallas again succumb to injury in the 2-1 FA Cup win at Bolton.
Moyes hinted at an imminent deal on Monday.
"If I have to have a bet on whether we will get someone in, then I would back myself to do it," he said.
"When I took the job 500 games ago, I knew the situation wasn't going to be having lots and lots of cash to spend.
"I will tell the chairman what we need and hope we can do it together. I know he gives me every penny. We are pretty straightforward at the club, if you don't have money you can't spend it."
Fer has netted 11 goals in 38 games since moving to Twente, managed by Steve McClaren, in 2011.
He is a product of the Feyenoord youth academy where he spent four years as a professional, accumulating over 100 appearances for the Eredivisie side.
The central midfielder has also represented the Netherlands twice.