Inter president Massimo Moratti has moved a step closer to signing Real Madrid's Wesley Sneijder, whose price-tag has reportedly been dropped, according to reports in Italy.

The Serie A champions have been hard pressed to meet Real's asking price for the Dutchman, but according to La Gazzetta dello Sport, los Merengues have now lowered their demands.

Previously Inter were facing up to a €20 million outlay on Sneijder, but Real president Florentino Perez has reportedly allowed the 25-year-old's price-tag to drop to €15m. The decrease has been sanctioned in order to persuade Inter that they are able to take Sneijder on a permanent basis, rather than sign him on loan for the first year.

In addition, los Merengues will allow the €15m fee for the former Ajax man to be paid in three instalments.

Inter technical director Marco Branca is expected to travel to Spain soon to discuss the transfer further with Real's hierarchy, but the possibility remains that they will continue to withhold their offer until the end of the transfer window