Apologies for misunderstanding. I was reacting to the "no ambition/no clubs interested" part, which is a tired argument when it comes to Landon Donovan.
There are other players as good yes...but as everyone has said multiple times over:
1) he is low risk - we KNOW he works here
2) fan favorite
3) can play multiple positions and we've already seen him do that
4) fits in well in the locker room
5) has brand value
6) where are these other players that Everton are interested in that are just as good and cheap? I also don't think there are an "awful lot" of players that are as good as him that offer the same value he does at the price he'd be. Americans tend to be undervalued (see: Michael Bradley). Where is this young player that we can spend a couple million more on and would be good? Hoillett? We see where that worked out. Johnson - no way will he be affordable. Holtby - no interest. Drenthe - we saw how that worked out. Seriously - who is out there for you?
7) I'd like to win something sooner rather than later rather than depending on a young player working out and assuming there would be resale value. That is a risk, and we already have several other young players for that.
Plus the surmise is that he WON'T be expensive. His wages are peanuts in comparison to other players, the main question is the transfer fee, which all signs are pointing towards won't be expensive either, and his sponsors helping foot the bill.
So, win-win.
I like Reidy's idea of signing now and loaning back. Totally forgot that was an option.