He replaced Marco Silva who was sacked after poor run of games in the first half of the season.
Everton moved to appoint Carlo Ancelotti as their manager and he guided the Toffees to finish 12th in the league with 49 points.
The Italian manager has moved to bring some experience players into the squad ahead of the new squad.
Fans of the Merseyside outfit were in "seventh heaven" after they new signings were pictured in training today.
James Rodriquez has joined Everton on a two years deal with an option to extend for 20m pounds from Real Madrid. While Allan moved from Napoli.
Both senior players were spotted in training along with other Everton stars ahead of their opening game against Tottenham.
It's understood that the season kick off on September 12.
Both James Rodriguez and Allan have reunited with their former manager who coached in Real Madrid and Napoli on several occasions.
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