Grealish, a 29-year-old midfielder, was purchased by Manchester City from Aston Villa for 100 million pounds in 2021. However, he fell out of favor with City's manager, Pep Guardiola, and is seeking regular playing time to boost his chances of being selected for the national team.
According to reports, Everton, who finished last season in 13th place, had the option to make the loan move permanent for 50 million pounds at the end of the season. Grealish's weekly wages are reportedly 300,000 pounds.
Grealish will wear the number 18 jersey, previously worn by Everton legends Paul Gascoigne and Wayne Rooney. He expressed his enthusiasm for joining the club, stating that it is a great opportunity for him.
Grealish had a medical on Monday and was present at Everton's training ground on Tuesday. He made only seven league starts last season and was not included in City's recent Club World Cup squad.
He was also left out of England's 2024 European Championship squad and has spoken about his determination to regain his place in the national team under the new manager, Thomas Tuchel.
Everton's manager, David Moyes, believes that Grealish is a great signing for the club, citing his experience and ability to perform at high levels in the Premier League.
Grealish has scored 17 goals in 157 appearances for Manchester City and has won several titles, including the Champions League, FA Cup, and Club World Cup.
This signing is Everton's sixth and largest acquisition of the summer, as the club prepares to move to a new 52,769-seat stadium at Bramley-Moore Dock.