The US international striker, Tweeted "Once a Toffee, always a Toffee."
Now, this could mean that a move is not going ahead but that he remains fond of Everton. Or it could be that a second loan agreement could be on the cards - Evertonians across the world have got their fingers crossed that it is the latter!!
Donovan is something of a cult figure with Everton fans following his previous three-month spell with the club in early 2010 and his return would be a welcome boost given their struggles in front of goal so far this season.
We will keep you posted!!