EVERTON have agreed personal terms with James Rodriguez as Carlo Ancelotti pushes for a reunion with the Colombian.
The Real Madrid attacker was brought to the Bernabeu by the Toffees boss in 2014 following his exploits at the 2014 World Cup.
Ancelotti then signed the star on a two-year loan deal from the LaLiga side at Bayern Munich.
Now the Italian wants to link-up with the 29-year-old for a third time at Goodison Park as part of his Everton rebuild.
And Gazzetta journalist Tancredi Palmeri claims Rodriguez has come to a financial agreement to sign for him again on Merseyside.
He states that the South American will pocket £4.03m-a-year at Everton.
That is a significant paycut on his current £140k-a-week package in the Spanish capital, which runs out next June.
Now all that remains to be sorted for the deal to be completed is the price tag after agreeing the four-year contract.
Madrid president Florentino Perez has already admitted his club need to sell before they buy amid the financial impact of the coronavirus crisis.
Rodriguez and Gareth Bale are the two players he is desperate to get off the books.
However, he is refusing to let them go on the cheap and is demanding at least £22.5m for Rodriguez.
But Palmeri claims the Premier League club are refusing to meet that figure and want to pay significantly lower for the ace.