Bologna have confirmed they have signed Rene Krhin in a co-ownership deal with Inter Milan, with youngster Lorenzo Paramatti going the other way.
Krhin had been linked with a move to England with Manchester United, Chelsea and Liverpool all credited with an interest in his services
However, the 20-year-old Slovenia international, who made five appearances for Inter last season, has now moved to the Stadio Renato Dall'Ara.
Paramatti, son of former Bologna captain and Juventus midfielder Michele Paramatti, has completed his switch to the San Siro.
The 15-year-old, who is among the most promising young talents in Italy, will join Inter's youth team.
Meanwhile, Bologna have also confirmed the signing of Nicolo Cherubin, 23, from Cittadella.