Pip has signed for Everton for £3.5m. David Moyes is delighted, and Fergie has apparently been promised by the board that some of the money can be spent on a very thick blanket for a replacement bench warmer.
David Moyes, "Phil is a quality footballer who will, I feel certain, improve and enhance the squad we are putting together. He is very much a professional's professional and I am very happy to have signed him.
"Primarily I see Phil as a holding midfield player but he is so versatile that he gives us not only much-needed cover but also several additional options.
"We have staved off a great deal of competition to get him but from the first minute I spoke to him he only wanted to come and join Everton. His attitude throughout the entire negotiation process has been first class.”