Everton are preparing a bid for Real Madrid midfielder Isco.
Mundo Deportivo says Everton are prepared to offer £20m for the player, who is contracted until 2022.
The Spanish giants 'would be willing' to accept such an offer with the 'economic profit' being most welcome at the Bernabeu after the James Rodriguez deal.
James' move was effectively a free transfer on Madrid's part in terms of a fee.
Isco is eager to follow the Colombian to Goodison Park in January.
