Palermo's Silvestre joins Inter on loan

Palermo defender Matias Silvestre has joined Inter Milan on loan with a view to a permanent deal worth up to €8 million.

The clubs had been in talks over a full-time transfer this summer, but Palermo revealed that centre-back Silvestre has not yet moved permanently.

The arrangement gives Inter the opportunity to make the move permanent next summer and, if they choose to do so, they would pay the fee in four yearly installments.

A Palermo statement said: "Palermo announces it has loaned Matias Silvestre to Inter. The defender joins the Milan club on loan with a buy-out option."

Silvestre, who is under contract with the Sicilian club until June 2015, scored five goals in 29 league games last season.

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Moratti claims Inter need to sell

Inter president Massimo Moratti has explained that the club first need to sell some of the fringe players before they can start bringing summer reinforcements.

The club owner earlier said that the Neroazzurri squad would be in for a major overhaul in the summer, with several high-profile players expected to leave Giuseppe Meazza.

The Italian giants were recently linked with Samir Handanovic, Mathieu Debuchy, Matias Silvestre and Mattia Destro, but Moratti is adamant there will be no new signings until the club have lost some dead weight.

“There is absolutely nothing to talk about with regards to the transfer market,” Moratti told La Repubblica last evening.

“Do we have to sell first? Certainly…”

Rodrigo Palacio has already arrived from Genoa and Philippe Coutinho returned to the club after his loan spell at Espanyol ended, but there have been no major departures yet.

Players with lucrative contracts such as Diego Forlan, Lucio and Douglas Maicon are all expected to leave this summer.

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