Ronaldinho agrees to go to Milan

According to BBC Sport, Manchester City has lost out to Italian side AC Milan in the race to sign Barcelona playmaker Ronaldinho.

 

“AC Milan and Barcelona have reached an agreement in principle over the transfer of Ronaldinho,” the Serie A club said on their website.

 

“The player will be in Milan on Wednesday to undergo a medical and sign a contract that will keep him at Milan until 30 June 2011.”

 

City had reportedly bid £25.5 million for the 28-year old but had their bid rebuffed by the Brazilian. Reports yesterday even said that City were in pole position to secure the player.

 

Italian newspaper Gazzetta dello Sport reported on its website that Milan will pay Spanish side Barcelona just £14.6m for his services, with the figure likely to be increased by performance-related bonuses.

 

[Source: BBC Sport]