Lazio president Claudio Lotito is ready to seal a permanent deal for on-loan Manchester City striker Rolando Bianchi.

Bianchi has already agreed terms on a five-year contract with Lazio, says Corriere dello Sport, and the Rome club has the option to make his stay permanent for £8 million - payable over three years.

However, Lotito hopes to negotiate a lower fee with City officials in the coming weeks.