Velez Sarsfield through the club’s official website announced that there have been a deal to release Alvarez Ricky to Serie A giants Inter Milan with a transfer value of € 11.8 million.

Inter is said to agree to buy 90 percent of the ownership of Alvarez and they are required to pay the remainder when the player had played for the team in 80 matches.

Until now Inter have not announced the transfer in their official website, but most likely the long-awaited announcement will become a reality today.

I Nerazzurri directly ties Alvarez with a long duration contract of five years and the 23-year-old player will receive a salary of € 1.8 million per season.

Coach Gian Piero Gasperini has long been known wanting to increase the creativity in midfield and now the wait is over.