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LIVE: Sergio Ramos courted by Chelsea

Transfer Talk
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By ESPN Staff

Benfica loan Fernandes to Everton but extend deal

LISBON, Jan 29 (Reuters) - Benfica have extended the contract of midfielder Manuel Fernandes until 2011 and loaned him to English Premier League club Everton for the rest of the season.

'Benfica have reached agreement with Everton Football Club to loan Manuel Fernandes until the end of the season', the Portuguese said on their website on Monday.

Benfica had loaned the 20-year-old Portugal international to Premier League Portsmouth for the first half of the season.