Fenerbache up Yobo offer
Yobo close to permanent Turkish stay
Fenerbahçes initial offer of £1.5m was rejected by Everton, but it is believed they will now accept two million pounds for the 31-year-old central defender.
Everton manager David Moyes has deemed Yobo surplus to requirements at Goodison Park and he is keen to offload the defender in July.
The Nigeria International has been on loan with the Istanbul giants for the past two seasons and has cemented himself as a first-team regular.
The experienced centre back has settled into life in Turkey and recently told reporters in Istanbul, "I am very happy in Turkey and at Fenerbahçe as is my family.
"I feel at home here, hopefully an agreement will be reached and I can continue playing at the club."
Last season, Yobo featured in 42 games and played an integral role in The Canaries finishing runners-up despite a turbulent year marred by match-fixing allegations.
They also won the Turkish Cup.
Fenerbahçe are also facing competition from English Championship outfit Leicester City for the Nigeria star, according to the English newspaper, The Sun.