Everton's talks about signing Isco are well underway and a new meeting is planned between the relevant parties, according to journalist Rudy Galetti.

The Lowdown: Isco an option for Everton

The 30-year-old is a free agent, having had his contract terminated by Sevilla earlier this season, and it has recently been reported that Goodison Park is a potential destination, with the Spaniard able to sign for a new club outside of the transfer window.

While it has been claimed that the midfielder prefers a move to the MLS, casting doubt on whether he would be open to joining Everton, a new update appears to indicate that a deal could be struck with the Premier League club.

The Latest: Isco talks underway

According to Rudy Galetti, writing for Tribal Football, talks are well underway regarding a possible move to Everton for Isco, and a new meeting is scheduled with the aim of advancing the negotiations.

It is claimed that a possible move to Union Berlin broke down earlier in the January transfer window after the player was told that he would not be included in the Europa League squad list, but no MLS teams are explicitly named as interested parties.

The Verdict: Get it done?

In truth, the 30-year-old has not been at his best for many years, last recording more than four goal contributions across a single league season in 2017/18, after showing such promising signs at Real Madrid earlier in his career.

That said, the Toffees are at a point where they need to take a gamble, considering that they failed to strengthen Sean Dyche's squad at the end of the January transfer window, even missing out on Andre Ayew, who joined Nottingham Forest.

Signing Isco would be a risk given his decline in form, but he can still make an impact at a high level, scoring and assisting in the Champions League this season. He has also been hailed as a 'magician' by football scout Jacek Kulig in the past.

A fresh start in a new league could be exactly what the playmaker needs in order to reignite his career, and Everton should take the plunge on him, at least on a short-term deal until the end of the season.