Everton are going to earn over half a million pounds from the sale of former youngster Tom Cannon.
The 22-year-old has completed his move to Sheffield United from Leicester City, who bought him from Everton in 2023.
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Cannon's loan spell at Stoke City, where he scored nine goals, increased interest in his services.
Leicester recalled him to sell him to Sheffield United for around £10M.
Everton, having sold him in a £7.5M deal with a 25% future profit clause, should earn about £625,000.
This fee will help Everton with financial regulations for the 2024/25 season.