Ferguson is leaving the club to become a manager.
In December and January of this year, the 50-year-old Scottish man who worked under seven different managers at Goodison Park has been the interim boss.
Ferguson scored 73 goals forEverton from 1994 to 2006
He said that it had been difficult, but he needed to move on to the next phase of his career.
Ferguson said that he has gained confidence in stepping into management. The club has been great to work with. They have supported me throughout my journey.
During the time of Marco Silva and Carlo Ancelotti, Ferguson was temporarily in charge.
This club is headed in the right direction despite being difficult last season. He said it was a great club.
Frank is in charge of the team. He wanted me to stay on.