Everton chairman Bill Kenwright has expressed his "heartfelt thanks" to former midfielder Tim Cahill as he embarks on a new career in Major League Soccer.

The Australia international, who played 278 times for the Toffees in a career spanning eight years, ranks as one of manager David Moyes' best buys after his £1.5m move from Millwall.

He completed a move to New York Red Bulls after signing a three-and-a-half-year deal with the Eastern Conference leaders.

"On a personal level, I will miss the first-ever player that David and I went to see together, and the wide-eyed bundle of energy that walked into my office a short time later and told me that Everton was his destiny," Kenwright told Press Association Sport.

"And he now embarks on a new stage of his career with our heartfelt thanks, and of course our real best wishes for his future.

"I can guarantee New York Red Bulls will have many, many admirers cheering them on from across the [Atlantic] Ocean. All wearing the Blue of Everton. Thank you Tim."

The transfer represents a good move for Everton also as it gets the 32-year-old, who was one of the club's highest earners on £55,000-a-week, off the wage bill.

That should and should pave the way for the club to step up their efforts to re-sign Tottenham midfielder Steven Pienaar.

"We accepted this offer for Tim with a heavy heart but it is a great way for him to end his Everton career," Kenwright added on evertonfc.com

"The transfer salutes Tim's unswerving commitment to our cause over the last eight years and also respects his desire never to play against Everton."