The 21-year-old is set to have a medical with the Premier League champion on Sunday after the clubs agreed an undisclosed fee for his transfer.
The Toffees have revealed that an undisclosed fee has been agreed with the Premier League champion and the 21-year-old is set to have a medical on Sunday prior to a move.
Rodwell came through the ranks at Everton and has made over 100 appearances since making his breakthrough under David Moyes.
However, his career has been blighted by injuries thus far and he was restricted to just 14 league games last season.
Rodwell had been widely expected to make Stuart Pearce's Team GB squad this summer but was forced to withdraw after suffering yet another injury blow prior to the tournament.
The Southport-born midfielder was handed his first England cap by Fabio Capello in Nov. 2011, making a substitute appearance during a 1-0 friendly victory over Spain.
The former Under-21 international is set to become Roberto Mancini's first purchase of the summer transfer window should the move be confirmed.
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