The Nigeria international spent the last two seasons on loan at the Istanbul side, and has made it clear to his parent club that he wants to secure a switch to Sukru Saracoglu
The 31-year-old has enjoyed a successful two-year loan at the Turkish giants, and is now keen to make a permanant switch to the Sukru Saracoglu.
And the Nigerian is eager for his future to be resolved in the near with his future, and pleaded with Everton to lower their valuation of him.
"I want to plan my future, and the the club need to show that they understand this," he told the Dogan News Agency.
"The transfer is not happening because at the moment they will not lower my transfer value. I am now going back home and will not return until there are concrete developments with the transfer."
Reports in recent weeks suggested that Fenerbahce are willing to pay €2.5 million for the player's services, but Everton believe he is worth €3.5m.
The Istanbul club will hope to secure a deal in the next few days in order for Yobo to be available for the first leg of their third round Champions League qualifying match against Vaslui on August 1.