Manchester City have spent big to bring in the England international.
England's John Stones
The move makes Stones the second most expensive defender of all time and it was a deal that has been coming for some time.
Stones, who nearly left Everton for Chelsea last summer, has been earmarked by City boss Pep Guardiola as key to implementing his playing style at the club in 2016-17.
Everton's John Stones
Everton fans know there is potential there, but on the whole not many seemed to bothered by his exit.
His laid-back style often saw him come unstuck last season and his defending was often called into question.
Everton's John Stones in action with Dynamo Dresden's Andreas Lambertz
Everton fans are therefore pleased to see the club manage to cash in such a massive amount of money on a player who had a poor season last campaign.
Everton are now hoping to bring in Ashley Williams from Swansea City and Lamine Kone from Sunderland to help strengthen the back-line.
Lamine Kone scores the second goal for Sunderland
Here is some of the reaction from Everton fans…
John Stones was horrid last season and if Man City want to pay £47m for a guy based on potential than so be it. Good riddance! #EFC— Aaron Smith (@notaaronsmith) August 9, 2016
Stones completes City movehttps://t.co/Nm0Yln6Y5A Train with the best? Little rat, don't forget the Club that made you. Good riddance.— Damien J. McCabe. (@DamienJMcCabe) August 9, 2016
Not bothered Stones has gone, he asked to leave so good riddance. He didn't want to be at Everton and it showed— Jopo (@JoPinckard) August 9, 2016
Oh well bye bye stones good riddance! now let's get no nonsense defenders in who can defend. Williams is a great start #EFC— Colin Kelso (@bluekelso) August 9, 2016
Bye Stones, good riddance, a complete liability at times. The club is always bigger.— Alex Laing (@AJL1878) August 9, 2016
Stones isn't an Evertonian. He's gone to better his career. Personally, don't blame him. Grass ain't always greener though, ask Rodwell.— Leigh EFC (@spiritofdixie) August 9, 2016
City have now given Everton in access of £100M for Lescott, Rodwell and Stones. No wonder Bill has funded an Evita tour this winter!— Chris Cundall (@ChrisCundall) August 9, 2016
Thought I wasn't bothered about Stones leaving until I saw his panenka— Matty Williams (@mattyofwilliams) August 9, 2016
To be honest, not even that bothered by the Stones sale. Been coming, he's wanted out for a yr. Made a big profit - spend wisely and move on— matt (@digitopolis1878) August 9, 2016