The Mexican has failed to make an impact since joining Napoli and the Italian club are looking to move him on at the end of this season.
According to Ivan Zazzaroni, director of Corriere Dello Sport (via Sportwitness), Ancelotti is keen on signing the player at the end of this season.
Lozano was rated highly during his time at PSV and a change of clubs could be ideal for him right now. A move to Everton would give him a fresh start and help him regain his confidence and form.
Ancelotti brought him to Napoli and the Italian clearly rates him.