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Inter Sign Stevan Jovetic On Loan

stevan-joveticInter have landed Manchester City striker Stevan Jovetic on an 18-month loan, the English Premier League club confirmed on Friday.

Jovetic struggled to make an impact at City following his move from Fiorentina in 2013 and the Montenegrin international has been allowed to return to Serie A with a view to a permanent transfer. The 25-year-old passed a medical with Inter earlier in the week and later sent a message to City’s fans on Instagram which read “thank you and farewell”.

“Stevan Jovetic has signed for Inter Milan on a year-and-a-half’s loan with a view to a permanent transfer,” a statement on City’s official website read. “The 25-year-old Montenegrin joined City from Fiorentina in summer 2013, but injury has consistently upset his progress for Manuel Pellegrini’s side.

“He will now go on loan to the Nerazzurri for a season and a half, with a view to a permanent stay. Everyone at City wishes Stevan well for his time with Inter.”

A statement on the Inter website read:

F.C. Internazionale is pleased to announce an agreement has been struck with Manchester City over the purchase of Stevan Jovetic. The player has penned a four-year contract keeping him in Milan until 30 June 2019.

While club President Erick Thohir had this to say on the news:

“We are excited by the signing of Jovetic. He’s another important addition to our squad. A dynamic forward that will add value to our attack. Mancini will get the best out of him.

“Welcome to the club, Stevan and Forza Inter forever!”

While details of the loan have not been confirmed, I expect the loan fee to be around £2.1 million with a permanent transfer of £8.5m due in January 2017. There are also reports that City will receive a further £2m if Roberto Mancini’s side qualify for the Champions League.