Tuttosport via Juvenews.eu—part of the Gazzetta dello Sport network—have confirmed that the Italian giants have reached agreement with the Club of the Principality for the signing of the Portuguese starlet.
The youngster will initially move to Turin on loan, with the Old Lady understood to be pushing for the right to sign the player for a fee of 20-22 million, although the Monegasques are said to be holding out for a deal of 30 million for the player.
With the figures not an enormous distance apart, expect confirmation over the coming days.
As a deal is not yet confirmed, Chelsea have the opportunity to move for the player, having been linked to his signature in the middle of December.
Video: £30m South American Chelsea transfer target scores sloppy rabona
Chelsea international fuels exit rumours by admitting he’s not happy at Stamford Bridge
Manchester United, Liverpool to miss out as Chelsea open talks for £40m Real Madrid star