Roma and Inter Milan are in talks over a swap contract with Edin Dzeko and Alexis Sanchez until the end of the season, according to Sky in Italy.
The loan deal was first proposed by Roma, where former Manchester City striker Dzeko, 34, has fallen out with head coach Paulo Fonseca.
Sanchez, who joined Manchester United’s Inter on a three-year deal last summer, has not started under Antonio Conte in a Serie A match since losing 2-1 at Sampdoria on 6 January.
Inter are believed to be interested in the deal on the playing side, but it is complicated by the individual salary and the loan fee they may have.
Dzeko, who has scored eight goals in 20 goals for Roma this season, continued to train on his own on Thursday despite being healthy after a minor injury.
There had been previous reports of a swap between Dzeko and Christian Eriksen but Inter were unwilling to replace a midfielder for a striker.
Chile forward Sanchez, 32, has scored two goals in 19 goals for Inter, who are second in Serie A and three points ahead of Roma.
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