Southampton right-back Cedric Soares is undergoing a medical at Inter Milan on Friday ahead of joining on an initial loan, Sky Sports News understands.
The two clubs are understood to have agreed a deal that also includes the option to make the move permanent in the summer.
According to Sky in Italy, Inter will pay an initial loan fee in the region of £500,000, and will need to pay the Saints an initial £9.5m to seal the player long-term.
Sky Sports News reported earlier this week that talks between the clubs were at an advanced stage, as new Southampton boss Ralph Hasenhuttl trims down his squad.
Manolo Gabbiadini and Wesley Hoedt have already left the club for Sampdoria and Celta Vigo respectively.