Black Cats to miss out on Italian international.
Napoli have secured talented left winger Lorenzo Insigne to a new five-year deal, putting an end to the interest shown in him by Sunderland boss Paolo Di Canio, Sky Sports reports.
Club president Aurelio De Laurentiis announced on his Twitter account that the 22-year-old had put pen to paper on a new deal that will keep him at the San Paolo until 2018.
He tweeted: “This morning I met Lorenzo Insigne and we extended the contract for five years. Since this season Lorenzo will earn 700,000 Euros plus bonus.
“I wish ‘Lorenzinho’ a great career in Napoli.”
The news will come as a blow to Sunderland boss Paolo Di Canio, though, as he had been hoping to bring the player to the Stadium of Light this summer as a major part of his rebuilding process. However, Insigne will now continue his fledgling career with his home town team.
Insigne came through the Napoli youth system and has made 38 appearances since gaining a regular first team place in 2012, scoring five goals.
His impressive performances for Napoli has already seen him bag two caps for the Azzuri and he can now concentrate on impressing new boss Rafa Benitez.