The Guardian report that the Citizens will loan the Montenegrin star to the Nerazzurri for the coming campaign, with the Lombardy giants then signing the player permanently for £10.5 million [€15m] next summer.
Jovetic arrived at the Etihad Stadium from Fiorentina in 2013, with the Sky Blues parting with £22 million to bring the Fiorentina frontman to Manchester [BBC Sport].
However, a combination of injury concerns and intense competition at the club have severely limited his impact in England. He looks set to leave the EPL having managed only 30 outings over two years, with an eight-goal return a poor tally for one so talented.
Transfer rumours suggesting a departure was imminent have been swirling over the last few days following the player’s omission from the Citizens’ penalty victory over AS Roma as part of their pre-season tour.
The Eastern European was one of only two players—the other being Edin Dzeko—not to be given an outing, with the Manchester Evening News just one source to interpret Manuel Pellegrini’s snub as a major hint that the duo will be heading for the exit door.
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Jovetic had been linked with a move to Liverpool [Daily Mail], where he would be afforded the opportunity to prove he can impress in England, but he now looks set to end his unhappy EPL sojourn altogether.