Alvarez set to complete Inter Milan move

Argentinian midfielder Ricky Alvarez is on the verge of completing a 12 million euro move from Argentina side Velez Sarsfield to Inter Milan, according to reports on Wednesday.

"I leave for Milan on Thursday, I'm happy, thanks to all the Fortineros (Velez supporters), said the 23 year-old on Twitter."

The Corriere dello Sport says that Alvarez has agreed a five-year deal with Inter paying out an initial nine million euros plus an additional three million in bonuses.

Alvarez, nicknamed the "Kaka of Velez" is considered to be one of the great promises of the Argentinian game.

He played a starring role in the team's Clausura championship league triumph along with their run to the semi-finals of the continental Copa Libertadores.

Inter are also close to clinching a deal to sign the 25 year-old Brazilian right-back Jonathan from Copa Libertadores winners Santos.

However, the arrival of Alvarez will increase speculation that Wesley Sneijder could be on his way out of the club. The Dutchman is said to be a target for English giants Manchester United, Manchester City and Chelsea.