The Argentine has been granted permission by QPR to open talks with Palermo.
"Today an agreement was reached with QPR for his transfer on loan with option to buy. Tomorrow we will arrive in Milan for the medical and he will sign the contract with his new club.
"Alejandro feels joy and liberation after the situation got through an impasse, as QPR had seemed to be resisting against the move. Alejandro had no doubts.
"Alejandro had no doubts in his choice and strongly wanted Palermo. His desire is to give the club support so they can achieve safety, doing everything he can to convince the directors to buy him outright at the end of the season.