Stevan Jovetic has joined Inter Milan in a move that could make Manchester City £14.25 million.
The Montenegrin moved to the 2010 Champions League winners on loan, but Inter are obliged to purchase the former Fiorentina forward at the end of his temporary spell.
Jovetic passed a medical in Milan on Tuesday after arriving in Italy on Sunday, bringing to an end his injury-hit two-year spell with City.
.@stevanj35 è ufficialmente con noi! Niente è come esserci http://t.co/POmGemjVnV #FCIM #ForzaInter pic.twitter.com/Gl18uEnVLq
- F.C. Internazionale (@Inter) July 31, 2015
A statement on City's official website read: "Stevan Jovetic has signed for Inter Milan on a year-and-a-half's loan with a view to a permanent transfer.
"He will now go on loan to the Nerazzurri for a season and a half, with a view to a permanent stay. Everyone at City wishes Stevan well for his time with Inter."
Inter said that the forward has signed a deal at the San Siro until June 30, 2019, with club president Erick Thohir adding: "We are pleased to announce the arrival of Jovetic.
"This is another important player for our team, a dynamic player that will add even more value to our attack. [Coach Roberto] Mancini will get the best out of him."
Inter will pay a £2 million loan fee for Jovetic and are obliged to pay a further £10.25 million when they purchase him, much as Valencia, the La Liga club who borrowed Alvaro Negredo from City last year, also committed to buying the Spanish striker as part of that deal.
In addition to the loan and purchase fees for Jovetic, City will receive up to £2 million in bonuses, with Inter paying £1 million per league title or £750,000 per Champions League qualification, while the former Premier League champions have a 20 percent sell-on fee.
But they will make a loss on the 25-year-old, who cost them £22 million when he joined from Fiorentina in 2013.
Jovetic was limited to 11 league starts in his two seasons at the Etihad Stadium, when he suffered repeated hamstring problems, and City manager Manuel Pellegrini said injuries were the reasons for selling the striker.
His departure had been on the cards since January, when he was omitted from City's Champions League squad as they were limited to 16 non-homegrown players, and he only made two substitute appearances in the final three months of the season.
He had scored 27 Serie A goals in his final two seasons with Fiorentina and had continued to attract interest from Italy during his stop-start City career.
Jovetic's signing represents a belated triumph for Inter manager Roberto Mancini, who had attempted to buy him for City in 2012.
A photo posted by Stevan Jovetic (@stevanj35) on
Jovetic bid farewell to the supporters of his former club, saying in an Instagram post: "I would like to thank my teammates, staff and people from the club for this 2 years...was a great pleasure."