Former Atletico Madrid striker Diego Costa has verbally agreed a $ 3 million deal with Brazilian club Atletico Mineiro.
The Belgian bagged 24 goals last season and helped Italian club Inter Milan win their first league title in over a decade.
The Englishman is also on the radar of a number of Premier League clubs, that includes Arsenal, West Ham and Aston Villa.
Lukaku had an incredible season with Inter in 2020-21 which saw the club break Juventus' dominance to win the Serie A.
The German midfielder was part of the Manchester City side which was beaten by Chelsea in the Champions League final last month.
Maurizio Sarri has been appointed as the new head coach of SS Lazio after Simone Inzaghi left the club join champions Inter Milan.
Even if the midfielder is included in Belgium's Euro 2020 squad, it is highly unlikely for him to play the opening matches.
Manchester City became the eighth team to lose in their debut UEFA Champions League final.
Manchester City will take on Chelsea in their maiden Champions League final at Porto on May 29.
Chelsea enjoyed a stellar campaign in Europe’s premier club competition and will face Manchester City in the final on Saturday.