Simic joins Milan, Davala joins Inter
By Simon Fudge
Last Updated: 01/01/70 1:00am
The Croatian World Cup defender will solve Milan's problems in the back-line next season while Davala will be out on loan to his old club Galatasaray, though Inter do have the option to bring him back to the Giuseppe Meazza after next season.
It is the second time that both Milan clubs have agreed on a player swap this month after Clarence Seedorf and Francesco Coco moved in opposite directions ahead of next season.
On signing his new three-year deal, Simic said: "It all went really fast, but now I am relaxed as it has been completed.
"My agents arranged everything and then I gave them my agreement.
"I am very satisfied with this transfer but I am also I am thankful to all the people at Internazionale and to all the fans."
The central-defender joined Inter two seasons ago from Croatian side Dinamo Zagreb and immediately established himself in the Serie A club's back-line.
Simic had an outstanding World Cup finals campaign in France in 1998, partnering Slaven Bilic at the back and helping Croatia to an impressive third-place finish.
Davala joined Milan from Galatasaray last September but following the sacking of the Rossoneri's Turkish boss Fatih Terim, he was never able to get a run in the side under Carlo Ancelotti and has decided to go on loan to the Istanbul giants next season.