Inter Milan’s midfielder Nicolo Barella is set to ink a lengthy contract extension with the club prior to EURO 2024, as reported by Italian news source FCInterNews.
The publication expects Barella, previously with Cagliari, to finalize a fresh five-year agreement extending until June 2029, which includes a substantial salary boost.
Currently, Barella’s contract with Inter runs until June 2026, which is the same deal he agreed to in late 2021. However, Inter has been actively pursuing a new extended contract for Barella.
If there were any indication that he might be available, top European clubs would show significant interest in securing his signature.
Arsenal and Manchester United expressed interest in signing Barella for the Premier League last summer. Additionally, Manchester City and Liverpool have been long-time admirers of the player.
Nicolo Barella is set to sign a new five-year contract with Inter Milan before EURO 2024
Inter and Barella’s representatives have engaged in discussions over the past few months, with negotiations reportedly progressing smoothly. It’s evident that Barella is keen on remaining at Inter.
The Nerazzurri have proposed a substantial salary hike to the 27-year-old, aiming to secure his future by having him sign a new contract.
FCIN’s report indicates that Inter and Barella have reached an agreement for a contract extension until June 2029, with the midfielder’s earnings set to increase to €7.5 million net annually. However, Barella has not officially signed the new contract at this time.
Inter’s ownership uncertainties have caused a delay in making the extension with Barella official. However, FCIN reports that the signature and official announcement are expected to happen very soon.
Oaktree Capital has taken over as Inter’s new owners. The fund will appoint a new board of directors and club president on the fourth of the upcoming month.
FCIN reports that all preparations are in place for the Italian star to finalize a new contract. He is expected to do so before the beginning of the Euros in Germany this summer, where he will be representing the Azzurri.
