Everton forward Apostolos Vellios will join Blackpool for the remainder of the season on loan, reports ESPN.

The Greek forward is out of contract in the summer, and this is a big hint that Roberto Martinez will not renew the forward's contract at the end of the season. Vellios played just 54 minutes of Premier League football for the Toffees last season, and hasn't appeared in a blue shirt this campaign.

Vellios took to Twitter to tell his 44,000 followers about the move:  “On loan to Blackpool for the rest of the season. I am really excited!”

The Greek forward cost Everton £250,000 in January 2011, but failed to make a real impression at Goodison Park. He has now joined caretaker manager Barry Ferguson at Championship club Blackpool, who are nine points above the relegation zone. But the Seasiders are hoping that Vellios could push the club away from the drop zone and closer to the top half, with 12th place currently just 8 points away with 8 matches remaining.

Everton boss Roberto Martinez hinted back in November that the forward would need to go out on loan to get first team action, but suggested Vellios was reluctant to leave Goodison Park. But now with just months left on his contract, the Greek striker has agreed to leave the club for the rest of the season on loan.

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