Sunderland have announced the signing of Argentinian midfielder, Ricky Alvarez, on a season-long loan deal from Inter Milan.
The 26-year-old joined the Black Cats after passing a medical.
The agreement is said to include a €1 million loan fee and, should Sunderland remain in the Premier League, a commitment to an €11 million transfer next summer.
Velez Sarsfield to Inter
Alvarez, who signed from Velez Sarsfield in 2011, scored four goals in 31 appearances for Inter Milan last season. Perhaps more impressively, he managed to assist his teammates eight times within this period.
He has made seven appearances for the Argentinian national side and was part of Alejandro Sabella's squad for the 2014 FIFA World Cup. However, he only went on to play 27 minutes in the tournament.
Comparisons with Kaka
As a player, Alvarez is known for his technique and precision. Operating on the wing or in behind the front man, Alvarez could be viewed as somewhat of a luxury forward. His talents have seen him compared to the likes of Kaka in the past.
Sunderland may also announce the long awaited transfer of Fabio Borini before the transfer window closes. The Italian forward was expected to complete his move to the club earlier in the summer but saw the move stall. Borini's current club, Liverpool, are thought to be commanding a fee of around £14 million for the former Italian youth international.