Everton have signed defender Ramiro Funes Mori from Argentine club River Plate for £9.5m on a five-year deal.
The 24-year-old passed his medical last week at Goodison Park but had been waiting for a work permit.
Everton have turned down three bids from Chelsea for centre-half John Stones, the last of which was £30m.
Meanwhile, the Toffees are close to bringing winger Aaron Lennon, 28, back to Goodison Park from Tottenham in a £5m deal.
Lennon enjoyed a successful loan spell at Everton last season, making 14 appearances and scoring two goals.
He has one international cap for Argentina, making his debut in March when his side beat El Salvador 2-0 in a friendly match.
"Everton did everything to bring me over and I wanted to come. They have a lot of good players, so I'm very happy to be here," said Mori, a centre-half.
"When I heard about Everton's interest, I didn't think twice and I'm going to give it 100% every time I go out there to play."
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