Lautaro Martinez is one step away from signing a contract renewal with Inter, according to an Italian newspaper report today.

As per Corriere dello Sport’s print edition, an agreement is now close but the official announcement may not come for a while due to a series of contract details needing to be settled.

The go-ahead must also be given by Inter’s current owners Suning, who are busy negotiating to sell the club with BC Partners.

The idea is to wait until the end of the season but regardless, Lautaro’s new contract will see him extend his deal with Inter from 2023 to 2024 and his €111 million release clause will be part of his new deal as well.

Lautaro will earn about €5 million a year, which is lower than the circa €7 million he and his agents reportedly wanted, but all going well El Toro will eventually be able to earn that each year anyway given bonuses in the contract.

This season the 23-year-old has 10 goals and five assists in 27 appearances.