After months of speculation Mauro Icardi looks set to sign a bumper new deal with Inter Milan that will tie him to the club until June 2021 unless interested clubs want to meet an inserted release clause in excess of €80 million.

The captain’s wife and agent Wanda Nara heightened rumours surrounding Icardi’s possible exit after claiming that Inter had failed to deliver a new contract that had been promised during the previous negotiations.

With Napoli looking to replace Gonzalo Higuaín and Arsenal reportedly in the market for a centre forward, the press and Nara made a move away from the Stadio Giuseppe Meazza appear likely.

However, La Gazzetta dello Sport now reports that the 23-year-old will sign an extension to his current deal that will run until 2021 and see his wages increase from €2.4 million (plus €1.6 million in image rights) per year to €5 million.

Such a deal will see Icardi become the highest paid player at the club and although image rights and bonuses are yet to be agreed, it is understood that this new contract will be signed in the coming weeks, once the transfer window has closed.

Inter did receive offers for the striker this summer but rejected any advances and are said to be including a release clause of between €80 and €100 million in a new contract.

Aside from being named club captain by former coach Roberto Mancini, Icardi has an impressive 52 goals in 105 appearances for Inter and the recently appointed Frank de Boer made it immediately clear how important the former Barcelona academy product is to his future plans.

If the talk of leaving Milan was to force Inter into a new deal it certainly seems to have worked but in Icardi’s defence, he has only ever stated his desire to remain at the club.

Inter finally have a decent team around their captain and so Icardi will be hopeful he can fire the Nerazzurri back into the Champions League.