AC Milan have announced that they have reached an agreement to sign Sevilla striker Carlos Bacca, subject to a medical.
Bacca, 28, who was also a target for Liverpool, had a €30 million buyout clause in his contract that Sevilla president Jose Castro insisted any interested parties would have to meet.
The forward confirmed earlier this week that he had agreed personal terms for a move to AC Milan, and the Serie A side have now confirmed the deal with the Europa League winners for the Colombia international.
Agreement reached with @SevillaFC_ENG for the transfer of @carlos7bacca, depending on Bacca passing the medical tests.
- AC Milan (@acmilan) July 2, 2015
Having already sold Aleix Vidal to Barcelona, the Andalusian club will now lose Bacca, their leading scorer in the past two seasons.
An official statement from Sevilla read: "Sevilla have reached an agreement with AC Milan for the transfer of Carlos Bacca, pending the player's medical that will take place in the next few days.
"Bacca leaves the Nervion club after two successful campaigns in which he has won two Europa League titles and scored 49 goals in 108 games.
"Sevilla wishes him the best of luck in the world in his next chapter."
Bacca scored 20 goals in 37 appearances to help Sevilla finish fifth in La Liga in the 2014-15 season.
The South American also struck seven goals in the Europa League, including two in last month's final that lifted Sevilla to a 3-2 win over Dnipro.
Bacca is on holiday in Barranquilla, Colombia, after competing at the Copa America in Chile with his national team last month.
Sevilla were eager to keep Bacca for another season but knew that their options of keeping the South American were slim, with Milan rebuilding under recently appointed coach Sinisa Mihajlovic and prepared to pay his release clause.
Castro acknowledged that while Sevilla were intent on keeping their squad together for their Champions league campaign, his club could "not perform miracles" in regards to keeping certain players.
The deal is a bonus for Milan having endured a frustrating summer in the transfer market so far, missing out on deals for both Jackson Martinez and Geoffrey Kondogbia.
Bacca's move follows Sevilla reaching an agreement to sign defender Adil Rami from Milan, with Marca reporting a fee of around €3.5 million.