March 14, 2014 / 2:51 PM / 3 years ago

Palacio signs two-year extension with Inter Milan

Inter Milan's Rodrigo Palacio (R) fights for the ball with Torino's Matteo Darmian during their Italian Serie A soccer match at San Siro stadium in Milan March 9, 2014.Alessandro Garofalo

ROME (Reuters) - Rodrigo Palacio has signed a two-year contract extension with Inter Milan that will keep him at the club until 2016, the Serie A side announced on Friday.

"It's official: Palacio has signed a two-year extension till 2016!" the club wrote on its official Twitter feed, before posting a photo of Palacio signing the deal with sporting director Piero Ausilio.

The agreement puts an end to a long period of negotiations between the club and the Argentina international, who is one of Inter's leading players and has scored 12 goals this season.

The Corriere Dello Sport reported that the deal has come after nearly a month of talks and will earn the forward 2.7 million euros ($3.76 million) a year plus bonuses.

Inter are fifth in Serie A on 44 points, 11 behind third-placed Napoli, who occupy the third Champions League spot. They travel to Hellas Verona on Saturday (1945 GMT).

Reporting by Terry Daley, editing by Stephen Wood

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