Jovanovic, 29, was believed to have agreed a Bosman move to Anfield but a deal has yet to be fully secured for the Serbia World Cup 2010 star. According to La Repubblica, the Spaniard could now swoop in to bring the player to the San Siro.
Discussions with Inter sporting director Marco Branca are understood to have already begun. If the Standard Liege attacker makes the surprise u-turn, he would provide cover for Champions League final hero Diego Milito.
Inter coach Rafael Benitez is set to risk the wrath of former club Liverpool by swooping for free transfer target Milan Jovanovic, according to reports in Italy.