Inter Milan and Arsenal have agreed upon a loan deal involving Lukas Podolski.

Podolski will undergo a medical on Saturday before signing, initially on a loan deal until the end of the season, over the weekend.

According to La Gazzetta, Inter's sporting director Piero Ausilio thrashed out terms with the Gunners earlier on Friday, making a bid which met their demands after initial derision from Arsene Wenger.

Wenger confirmed on Friday that Inter had improved their offer and Podolski was now likely to head to the San Siro.