Milan to pay €15 million to Valencia for goalkeeper Sergio Ramos

It has been announced that Milan are prepared to pay the Valencia club a transfer fee of around €15m for the South American goalkeeper Sergio Ramirez.

The fee would be a further coup for the club in a transfer window that will also see Barcelona, Inter Milan, Juventus, Inter and Udinese all bid for the Chile international, with the likes of Juventus, Barcelona and Inter Milan all holding out for a deal.

Ramirez was on the radar of many top European clubs, with Manchester City and Juventus both reportedly interested in the 24-year-old.

However, he will now have to wait until the summer to complete a move to the Serie A leaders, with a return to his home country expected.

With the departure of Gonzalo Higuaín and the addition of Gonzaga goalkeeper David Villa to the squad, the Nerazzurri are likely to be without Ramos at some point in the coming weeks.

According to reports, Milan are currently negotiating with Valencia over a potential loan deal for Ramos, which would allow the defender to join them for the remainder of the season.

Valencia have already had a bid rejected for the 24 year-old, with Valencia also reportedly interested.

However that deal has yet to be confirmed by Valencia, with an agreement unlikely to be reached before the transfer window opens on February 14.