Fred joined Fenerbahce, a Turkish football club, in the summer of 2023 after leaving Manchester United for a reported €10 million transfer fee plus €5 million in additional payments.
According to recent reports, Fenerbahce would need to be offered around €17 million to consider selling the 32-year-old Brazilian midfielder.
It is also suggested that Fenerbahce is working on a deal to bring Yves Bissouma, a midfielder from Tottenham Hotspur, to the club as a potential replacement for Fred.
Everton's plans to sign Fred could potentially bring the Brazilian midfielder back to the Premier League.