Inter closes in on $A42.5 million Martinez deal

Getty Images

Watch every round of the 2017-2018 Serie A season LIVE on beIN SPORTS 

The 20-year-old had long been tipped to join Atletico Madrid, with Diego Simeone - a former player and coach of Racing - said to be a big admirer.

But negotiations failed to progress with the Spanish side after Atletico angered Racing by allegedly putting Martinez through an unauthorised medical, meaning he remained in Argentina after the transfer deadline in LaLiga.

Martinez has been in good form in the 2017-2018 Superliga season, scoring seven goals - including a hat-trick against Huracan on Monday - in eight games.

And Inter appears to have won the race for the coveted attacker, with Racing's president Victor Blanco discussing the deal in detail.

"When we close the transfer we will give the figure, probably over $33million [€27m]," Blanco told Fox Sports Argentina. "We are negotiating a future percentage [in addition], instead of increasing the value.

"It would be convenient for Racing to keep a percentage value, since they [Inter] will put a release clause of at least €110m [in his contract], which could generate very important money for Racing in future."