Thierry Small has terminated his scholarship with Everton, according to the Liverpool Echo. 

The Blues offered Small a professional deal, but he's rebuffed their overtures and is intent on leaving Goodison Park.

Small went as far as refusing to turn up for training earlier in the summer.

In more positive news, Everton will receive compensation when the player leaves.

The exact figure will be decided by a tribunal, but Football Insider report that it could be as much as £5million.

They also say that Southampton have become the first side to make an approach to Small in light of the developments.

Left-back Small became Everton's youngest-ever player back in January when he came on as a substitute in an FA Cup fourth round tie against Sheffield Wednesday.

He also made 13 appearances for David Unsworth's Under-23s last season.

Fan feed Toffee TV relayed the Echo's report, and here's what supporters made of it.

These Everton fans unfazed by impending Small exit

"3 years time he’ll be on one of the where are they now lists and you’ll find he’s playing for some obscure non league team"

Credit: @hugodrax0077

"The ballad of Royston Drenthe"

Credit: @RayMazen

"Got promised bayern and arsenal, clubs linked leeds and southampton"

Credit: @CragOnTour

"He will soon find out the grass isnt always greener elsewhere and you have to earn your place by hardwork"

Credit: @DJC1953

"That's fine... see if you can get better than Everton"

Credit: @Layliffe1878

"I'm sure we'll survive"

Credit: @leecoalbourne

In other news, Kevin Phillips has urged Everton to make this move.