Arsenal’s summer transfer target Mauro Icardi has signed a new five-year contract with Italian side Inter Milan, as reported on the club’s official website.
The Argentina international is regarded as one of Serie A’s most-potent centre forwards and is a key man for the Nerazzurri as their captain and attacking talisman.
Mauro Icardi has extended his contract with Internazionale until 30 June 2021, his buyout clause is now €110 million. pic.twitter.com/0vmJCPSIfN
— Paulo Freitas (@Cynegeticus) October 7, 2016
However, the former Barcelona youth player has stayed true to his current employers, penning a new deal to keep him in Milan under 2021.
Reuters also report that there is a buyout clause of €110 million (£99 million) in Icardi’s contract that can only be activated by non-Italian clubs.
The Argentine will clearly be an important figure in Inter’s potential rejuvenation under Frank De Boer and has already netted six goals in his first seven Serie A games this season.
Arsenal opted to sign Lucas Perez from Deportivo La Coruna for £17.1 million in the summer to bolster their options in the final third.