TOFFEES CAPTURE PIENAAR

Everton made their second signing of the summer by securing the services of South Africa midfielder Steven Pienaar on a 12-month loan deal from Borussia Dortmund, subject to a work permit.

Pienaar, 25, moved to the Bundesliga from Ajax in 2006 and has made 25 appearances for the club.

He will follow £4million midfielder Phil Jagielka in moving to Goodison Park should his work permit be approved.

Everton intend to remain prudent in the transfer market in a summer of big spending.

Chief executive Keith Wyness, like manager David Moyes, is concerned at the high fees that are being paid by some clubs this summer.

Wyness said: "I totally agree with David, there has been an inflated value on some of the transfers.

"I believe we have a value of a good player, what we consider a fair value and we will not go above that.

"There is no doubt new stores of cash (from Sky TV) has made inflation happen.

"There has also been a rush of blood from new owners but I am sure things will settle back down."

Taken from =football365=