Protracted talks between Southampton and Inter Milan have been held over the future of Dani Osvaldo.
The Italian striker is currently AWOL, having refused to return to Southampton following the commencement of preseason.
Inter Milan are thought to be keen on adding the striker, who spent last year on loan at Juventus, to their ranks - albeit on a short-term basis.
The Nerazzuri are keen to 'test drive' Osvaldo with a loan move that contains an option-to-buy, but had so far been unable to reach a financial agreement with Southampton over a loan fee.
Taïder is keen on a move to the Premier League, having seen his move to West Ham United in January break down at the last minute, with Sam Allardyce signing Antonio Nocerino from Milan rivals AC instead.
The Algerian signed for Inter Milan in August 2013 for €5.5m, joining from fellow Serie A side Bologna - from whom Southampton signed Uruguayan international Gastón Ramírez in 2012.
Southampton were alleged to be keen on signing the Algerian prior to his move to Internazionale, and now see this as their chance to finally land the midfielder.
Taïder would provide additional cover for the Saints, who have witnessed the departure of five senior squad players so far this summer - and Morgan Schneiderlin hand in a transfer request earlier today.
It is understood that the deal sending Taïder to Southampton will contain the same terms as the Osvaldo deal, namely, that the Saints will be able to purchase the Algerian international, should he impress boss Ronald Koeman during his loan spell.
Osvaldo, 28, has been out in the cold at the Premier League club since he head-butted teammate José Fonte in January.
He spent last season on loan at Juventus, scoring three goals in eighteen games for the Turin giants.