Deal could be concluded by the weekend according to Italian media.
Reports in Italy suggest that Indonesian businessman Erick Thohir is closing in on clinching his takeover bid for Inter.
According to La Gazzetta dello Sport, Thohir secured the necessary bank guarantees on Wednesday and will fly out to Milan to sign the contract to become the majority owner of the Nerazzurri.
It is understood that current owner Massimo Moratti will give up 75% of the shares in the club, receiving €300m in return for the sale, with the agreement set to be ratified on Sunday.
However, the Italian will still play an integral role at the club after the sale has gone through, with Thohir likely to assume the position of vice-president, leaving Moratti as the executive president in order to take advantage of his wealth of knowledge and experience of the market.
Gazzetta also suggest that the takeover could come in two stages, with Thohir initially agreeing to buy a shareholding of around 30-40%, and then after a certain period of time he will buy the remainder of his shares to become the majority owner.
It is believed that Moratti will try to convince the wealthy businessman to invest in a stadium for the club, which will see them depart the San Siro and follow in the footsteps of Juventus who became the first Italian club to privately own their own stadium.
In addition, Thohir is likely to provide significant funds to be made available for transfers with new coach Walter Mazzarri expected to benefit from significant backing.
It is unclear at this stage at what will be prioritised following the arrival of Thohir, but it is undoubtedly promising news for Inter supporters.