AC Milan have agreed terms with Catania for striker Maxi Lopez.

Sky Italia says Lopez will move to San Siro until the end of the season for a cost of €500,000, with the option in place for the Rossoneri to buy the forward outright in the summer for €8.5m.

The 27-year-old is thought likely to earn in the region of €700,000 in wages for the period up to June, and then €1.5m a season on a reported three-year contract.

However, where the terms are said to be agreed and finalised, the player has reportedly yet to complete his medical examinations or sign anything as he waits for Il Diavolo to reach a final decision on the move.