AC Milan have confirmed the signing of Zlatan Ibrahimovic from Barcelona on loan, subject to passing a medical, with the option to buy him next summer for €24 million.
The cut-price deal represents a massive loss for Barcelona, who signed Ibrahimovic from Internazionale for €46 million plus Cameroon striker Samuel Eto'o only last summer.
Ibrahimovic, 28, has agreed personal terms on a four year deal with Milan and has reportedly taken a pay cut to return to Serie A. The Swedish international struggled during his single season at Barcelona and the signing of David Villa from Valencia pushed him further down the pecking order at the Nou Camp.
Milan said in a statement: "We have agreed a deal for a season's loan and then the right to buy for €24 million. He will undergo a medical on Monday and sign a four-year contract.''
Ibrahimovic, whose final appearance for Barca coincidentally came against Milan in the Joan Gamper Trophy on Wednesday night, is now looking forward to starting a new chapter in his career.
He is especially excited about the prospect of linking up with Alexandre Pato and Ronaldinho in a mouth-watering Milan forward line.
"I'm delighted. Everything has been resolved in the best possible way even though the situation was not easy,'' he told Sky Italia. "Now I return to Milan with a different team than Inter and life goes on.
"Milan are one of the strongest clubs in the world, for the team and the tradition it has. With Pato and Ronaldinho, we have a fantastic attack. Now it depends on us. I think Milan fans will have fun watching the three of us play at the stadium.''
Reflecting on what the reaction of his former fans at treble-winners Inter might be, Ibrahimovic added: "Inter's fans? I don't think they will be thinking of me considering they won everything last season.
"The situation that was created at Barcelona has given me a lot of adrenaline and now my dream is to win everything with Milan.''
Meanwhile, Barcelona sought to represent the deal with Milan as good business.
"FC Barcelona and AC Milan have agreed a deal for Zlatan Ibrahimovic to move to the Italian club on loan for the entire 2010/11 with the Rossoneri paying all his earnings,'' said a club statement.
"If the option to buy Ibrahimovic is taken up by the Serie A club then that could see FC Barcelona save approximately €60 million.''