The Argentine was a flop at Sunderland and could end up costing them around £8 million.
Sunderland have put away £8 million worth of funding for the New Year as they prepare to spend it on a talented Argentinian playmaker - according to the Sunderland Echo.
Unfortunately, this is not the news of an impending arrival at Sunderland – but rather that of some disaster preparation regarding former player Ricardo Alvarez.
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The Argentine international joined Sunderland on loan from Inter Milan in September 2014. He did not have a big impact at the club, struggling with a knee injury and playing just 11 times for Sunderland, scoring once.
But as Sunderland were not relegated Inter Milan claimed the Black Cats were obliged to sign him permanently. Sunderland were however not prepared to do so, due to his injury troubles.
Leeds United's Rodolph Austin (L) in action with Sunderland's Ricardo Alvarez
The Sunderland Echo is reporting that the Black Cats have already put aside the £8 million they will have to pay Inter Milan should they lose their legal battle with the Italian club over his apparent permanent transfer fee at the Stadium of Light.
The report claims a decision is due in early 2017, with Sunderland’s first financial outlay potentially being spent on a failed transfer from the past.