The Toffees were close to completing a deal worth £8.6million for the Twente midfielder until he was sent back to Holland on Tuesday after Goodison Park medical staff raised concerns over an existing knee problem.
Negotiations will reopen today with the Merseysider club hoping to strike a compromise that would see Steve McLaren’s side accept a reduced fee up front for the 23-year-old with potential appearance based add-ons included on top.
Reports have suggested that Fer is being brought in as a replacement for Fellaini, but Moyes moved to set the record straight and dismissed speculation that the influential Belgian attacker could leave before the Premier League transfer deadline.
“I read something about him replacing Fellaini and that’s the biggest load of tosh I have heard,” he said.
“That’s nonsense, whoever wrote or said that. They are different types of players.
“No, that’s not the reason for bringing him, that’s for sure.”
The 25-year-old has been Everton’s star performer this term, scoring nine times in 21 games, but the supposed existence of a £22m buyout clause in his contract has put his future in doubt.