The Serie A outfit are expected to request the Argentine join them on loan for the whole of next season with a clause inserted into the deal which would make it mandatory for them to buy him in a year's time.
The deal would be similar in set-up to the one which saw Sweden international - and former Inter star - Zlatan Ibrahimovic join rivals AC Milan from Barcelona for the 2010/11 season before completing a switch earlier this summer.
Enlarge?Fancy seeing you here! Carlos Tevez meets Inter Milan official Marco Branco on holiday
Tevez is desperate to leave the Premier League in order to be closer to his daughters. And while Milan isactually further from his homeland than Manchester, the cultural similarities would likely persuade the striker's family to move to Italy.
Tevez was recently pictured on a beach holiday in Sardinia enjoying a chance meeting with Inter official Marco Branca.
City and Inter meet in the Dublin Super Cup on July 31 as the two sides crank up their pre-season preparations.
Family man: Tevez wants to be closer to his two daughters
Italian newspaper Corriere dello Sport claim the Nerazzurri will use the event to discuss Tevez's future with senior officials from Etihad Stadium.
Inter have come up with the plan to avoid paying a fee of around ?40million after two of their own players, Samuel Eto'o and Wesley Sneijder, shunned the opportunity to be used in aswap deal.
Tevez came incredibly close to joining former club Corinthians last week before a deal fell through at the 11th hour with the Brazilian club unable to guarantee the funds.
Top target: City still want Sergio Aguero (centre) despite Tevez's move breaking down
While Tevez's departure seems inevitable, despite claims to the contrary from manager Roberto Mancini,current City star Adam Johnson hopes the 27-year-old will remain. The England man does, though, understand his captain's reasons for wanting to leave.
He said: 'I hope he is (with the clubthis season) as he was our talisman last season scoring all his goals. Anumber of times he carried us in games with his goals and individual brilliance.
'Obviously he has his own reasons forwhat he is doing at the minute but he is a world class player and whatever he does I wish him all the best.'
Waiting game: Carlos Tevez is considering his options after failing to secure a move to Corinthians
Mancini's side have been linked with amove for Tevez's compatriot Sergio Aguero and Johnson believes acquiring the Atletico Madrid man would be a great move for the Blues.
'He is world class,' he added. 'It would be great if he came and added to the squad we have. I watched him in La Liga over the last two seasons and he is an outstanding player.'
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Source: Daily Mail
Source: Daily Mail