Juventus have sold Alessandro Matri to Milan for approximately €11m, as confirmed by Milan Channel.
The deal had been in the works for some time, but negotiations stepped up a gear after the Rossoneri qualified for the Champions League group phase last night.
This evening Milan Channel celebrated the move by flashing this message: ‘Matri. Welcome back Alessandro.’
That’s because Matri grew up in the Milan youth academy, but was loaned out to several sides before his sale to Cagliari in July 2007 for €2.3m.
It is believed the deal was done for €11m, slightly less than the €12m asking price. The 29-year-old will undergo a medical on Friday.
It is not clear when Giampaolo Pazzini will return from injury after his knee surgery in May.
With Matri's arrival, Milan also loan Andrea Petagna to Sampdoria.
See the latest Serie A predictions and betting tips with Eurotips.co.uk