Pepe Reina will terminate his contract by mutual consent with Milan before signing a two-year deal with Lazio.

The goalkeeper just returned from a loan spell with Aston Villa.

According to Sky Sport Italia, Tuttomercatoweb and others, Reina is going to join Lazio as a free agent, after becoming frustrated with the delays in negotiating a deal with Valencia.

The contract is believed to be worth €1.6m for the first year, with option to extend for a second at €2m.

Pepe Reina will terminate his contract by mutual consent with Milan before signing a two-year deal with Lazio.

The goalkeeper just returned from a loan spell with Aston Villa.

According to Sky Sport Italia, Tuttomercatoweb and others, Reina is going to join Lazio as a free agent, after becoming frustrated with the delays in negotiating a deal with Valencia.

The contract is believed to be worth €1.6m for the first year, with option to extend for a second at €2m.

Reina must first terminate his contract with Milan by mutual consent, as that runs to June 2021.

It will allow Milan to save on his salary, something the Rossoneri have been working on a great deal this summer.

With Giacomo Bonaventura and Lucas Biglia allowed to leave when their contracts expired, Suso sold to Sevilla and Ricardo Rodriguez to Torino, MilanNews.it point out that only Gianluigi Donnarumma and Alessio Romagnoli now have wages over €3m.

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