Ivan Perisic has no transfer buy-out clause, say Inter Milan

Inter Milan have revealed that Ivan Perisic’s new contract does not include a release clause.

The Croat signed a new two-year contract extension earlier this month but was a transfer target for Manchester United this summer.

Inter Milan director Piero Ausilio says the player did not request a release clause when they renegotiated the winger's contract after the transfer window had closed.

Ausilio says Inter persuaded Perisic to stay with their ambition for the future.

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"Perisic still had a few years on his contract," he told Mediaset Premium.

"Nobody ever denied that this offer arrived from Manchester United, but we have been working to convince him to stay at Inter and that our project could be just as successful as Manchester.

"The new contract was a consequence of that and only right. There is no release clause because we did not intend to propose one, nor was it requested by his entourage."

Former Inter head coach Jose Mourinho had outlined four signings to bring to Old Trafford this summer. They landed Romelu Lukaku, Victor Lindelof and Nemanja Matic but were unable to close a deal for Perisic.

Inter are unbeaten this season with Perisic instrumental. He has three goals and three assists from his first five league games.