“The agreement will become effective once the player has passed a medical and signed a contract with the club,” the team said, in a statement on its website.
The midfielder came to the Nerazzurri from Sevilla last season on a free transfer, but failed to really settle into a spot for the team. He managed six goals in 20 league appearances last season for Inter.
Reports are that the Andalusian side will pay Inter €9 million for Banega and negotiate a three-year deal for him once he arrives and passes his medical.
The market value for Banega, according to transfermarkt.com, around €16 million. The fee received will shave the needed money the club needs to pass by financial fair play sanctions to €21 million.