The Beijing Times, a local newspaper, says Everton midfielder Li Tie will save his money-strapped former club Liaoning by joining the English premier league side permanently.
Li Tie, who was loaned to Goodison Park for one year last summer, is in talks with Everton on his new contract. The Chinese international has only missed three English premier league matches this season.
The two clubs agreed last year that Everton will pay at least one and a half million US dollars to Liaoning if Li Tie is awarded a permanent deal.
Since Chinese national teammate Sun Jihai was worth three million US dollars when he joined Kevin Keegan's side Manchester City last year, Everton will have to pay at least 2.7 million US dollars.
Liaoning, who are reportedly several million US dollars in debt, were forced to sell four star players last month but still owe their players several months' salaries.