Hernan Crespo, Parma's Argentine international striker, is set to join Italian rivals Lazio for a world record fee of $54m.
According to the Italian sports press, the clubs reached a verbal agreement on Monday over the transfer, which will involve Lazio paying $12m in cash and with Portugal's Sergio Conceicao and Argentinean Mathias Almeyda moving to Parma as makeweights in the deal.
Sergio Conceicao was signed from Portuguese club Porto for $8.8m last season and after fine performances for his country in the Euro 2000 finals, is currently valued at $18m.
Lazio have already lined up Dutch international Boudewijn Zenden, currently with Barcelona, as a replacement.
Crespo will be guaranteed an annual salary in the region of $3m, the papers claim - (AFP)
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