He made eight appearances for t'Rovers before moving to Southampton in a £1 million deal in 1998.
And, Blackburn manager, Mark Hughes is apparently ready to make a move for the player he has had his eye on since the turn of the year.
But it is believed that Sheffield United are prepared to break their transfer record to land the Blues' number nine and will pay up to £4 million for his services.
And I think most would consider that a pretty good deal for Everton!
And, if Beattie does move on, expect the Alan Smith transfer rumours to go into overdrive!