Inter Milan has reportedly reached a deal with Russian club Anzhi Makhachkala for the transfer of striker Samuel Eto'o, a deal that should make the Cameroon international the highest paid footballer in the world.

After several days of negotiations, Italian media report Sunday that the two clubs have agreed on a transfer fee of ?27 million ($38.9 million) and that the deal will be formalized Monday.

Anzhi is expected to give Eto'o a three-year contract worth ?20 million ($28.8 million) per season, surpassing the estimated ?12 million ($17.3 million) that Cristiano Ronaldo earns at Real Madrid and the ?10.5 million ($15.1 million) that Lionel Messi is paid by Barcelona.

Anzhi, from the troubled southern Russian province of Dagestan, is owned by billionaire oil tycoon Suleiman Kerimov.