Everton have signed Manchester United midfielder Morgan Schneiderlin for a fee rising to £24 million.

The French international is reunited with Everton manager Ronald Koeman, who he played under at Southampton.

Schneiderlin left Southampton for United in 2015 for £25 million making 47 appearances for the Red Devils.

Schneiderlin moves for an initial £20 million fee after only playing 11 minutes in the Premier League under manager Jose Mourinho.

Schneiderlin Has Been Reunited With Koeman