Italian newspaper Corriere dello Sport claim Berardi, 22, has agreed to leave Sassuolo for Inter at the end of the season.
The paper claims both Atletico and Liverpool were pushing hard to land Berardi but that the Italy international wants to remain in Serie A.
And Inter Milan appear to have got their man.
GETTY / CORRIERE
Corriere dello Sport claim Domenico Berardi has agreed to join Inter Milan
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According to the report, childhood Inter fan Berardi will cost the San Siro giant up to £42million.
That is after Juventus decided against a £25m deal last summer.
Inter are not too keen to spend such a large chunk of their transfer budget on one player.
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Corriere dello Sport claim Liverpool and Atletico were interested in landing Berardi
Berardi could reportedly go for as much as £42m this summer
Juventus passed on the chance to sign Berardi last summer
It is claimed a cash-plus-player deal involving Gianluca Caprari could be arranged, with the 23-year-old moving to Sassuolo on the proviso Inter would get a buy-back option.
Liverpool are said to be have been eyeing Berardi but the striker was always keen to remain in Italy, with Atletico not in his consideration.
A shock move to join Manuel Pellegrini at Chinese side Hebei China Fortune was also mooted.