Sky: Agreement imminent between Milan and Monaco – details of the €7m deal

Milan have reached an agreement with Monaco over the signing of Pietro Pellegri, as per several credible sources. The youngster will be the third-choice striker for the Rossoneri, heading into the upcoming season.

Pellegri’s agent, Giuseppe Riso, was present at Casa Milan earlier today to discuss the move with the Rossoneri. It seems the meeting was positive as an agreement is now in place, with only the final ‘ok’ missing from Monaco.

This was revealed by Peppe Di Stefano this evening, as well as Fabrizio Romano. The basis of the deal is a €1m loan with an option to buy at €6m, which would become an obligation if certain conditions are met.

There will also be a % of a future resale in favour of the French side, who just need to give their go-ahead as Milan have sent over the figures they agreed on. The next few hours, in other words, will be important.

READ MORE: Milan could conclude signing of Monaco youngster Pellegri in the ‘next 24 hours’