Everton have signed Wales captain Ashley Williams.

The 31-year-old defender moves from Swansea on a three-year contract, for a fee believed to be in the region of £12 million.

The Toffees had a bid of about £10 million rejected but the £47.5 million sale of John Stones to Manchester City gives Everton extra cash to spend.

VIDEO: Watch the new man's exclusive first interview! #WelcomeAshleyhttps://t.co/CJt8qBzi2J

— Everton (@Everton) August 10, 2016

New manager Ronald Koeman is also believed to be interested in signing Crystal Palace winger Yannick Bolasie with a deal appearing closer to fruition for the DR Congo International.