Everton youngsters Joao Silva and Kieran Agard have gone out on loan on the day the Club can confirm the signing of Greek youngster Apostolos Vellios.
Silva, 20, has joined Portuguese first division side Uniao Desportiva de Leiria until the end of the season, whilst 21-year-old Agard has moved north of the border to Kilmarnock for the rest of this campaign after returning from a shortlived loan switch to Peterborough.
Striker Vellios moves in the opposite direction, signing from Greek side Iraklis Thessaloniki for a nominal fee.
Vellios is a Greek Under-19 international who has signed a deal until 2014 and will join Alan Stubbs' Reserve squad.
Vellios, 19, is a tall, slim frontman who has worked his way through the ranks at Iraklis and who boasts seven goals from 14 appearances for the Greek Under-19s.