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From footballitalia.net:

Sky Sport Italia are claiming that Manchester City have signed Douglas Maicon from Italian giants Inter.

Reports yesterday stated that the two clubs were discussing terms and an agreement is said to have been reached.

The Nerazzurri will net around €4m in cash, but that fee could increase depending on whether a number of bonus clauses are activated. Maicon, a Brazilian international right-back, is understood to have agreed a three-year deal with the Premiership champions.

More to come on this.