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Luke Garbutt will complete a dramatic u-turn and commit his long-term future to Everton.

The 22-year-old defender is close to finalising a new five-year-deal with the Blues after lengthy negotiations with the club.

Garbutt will be sent on loan to another Premier League outfit next season before returning to Goodison for the 2016-17 campaign where he will challenge Leighton Baines for the left-back slot.

Bournemouth are the current favourites to take the England under-21 international but an agreement is yet to be sorted.

The south coast side, along with Swansea City, offered Garbutt a permanent deal after the full-back’s contract with Everton expired.

But after long and at times uncertain negotiations, the Harrogate-born defender is now set to stay with the Toffees.

Garbutt was left out of the Everton squad for the final two games of the season, despite injuries to Baines and Bryan Oviedo, and looked to be heading out of the club.

Everton had tabled an new contract offer in February but the former Leeds United youngster had still not agreed new terms by the end of the season, increasing speculation that he was ready to leave the club in search of first-team football.

In May, Roberto Martinez said: “Obviously, we want to keep him, but the player needs to be fully on board and we should find out very soon.”

Garbutt’s future remained unresolved as he went away on international duty with the u-21s for the European Championships but a breakthrough has now been reached.

The defender, who made 10 appearances for the Blues last season, is close to putting paper on a new long-term deal and has agreed to spend the 2015-16 campaign on loan.