Arsenal and Manchester City have missed out on French midfielder Geoffrey Kondogbia after he agreed a £25m transfer to Inter Milan, subject to a medical.

The 22-year-old defensive midfielder had been linked with a move to the Premier League, with City keen to land him this summer, while Arsenal increased their interest in him following his impressive performances for Monaco as they dumped the Gunners out of the Champions League last season.

But Italian side Inter revealed on Sunday that Kondogbia has signed a five-year deal to join the Serie A club as long as he passes a medical, with his wages set to earn him around £2.8m-a-year.

Arsenal exits: Players out of contract or reportedly set to be sold this summer Show all 9 1 /9 Arsenal exits: Players out of contract or reportedly set to be sold this summer Arsenal exits: Players out of contract or reportedly set to be sold this summer Mathieu Flamini OUT OF CONTRACT: The Frenchman will reach the end of his contract at Arsenal for a second time this summer and will not be offered a new deal. PA Arsenal exits: Players out of contract or reportedly set to be sold this summer Abou Diaby OUT OF CONTRACT: The perennially-injured midfielder will be out of contract and is not expected to be handed a new contract. However, there are reports that a pay-as-you-play offer could be made. Getty Images Arsenal exits: Players out of contract or reportedly set to be sold this summer Damian Martinez OUT OF CONTRACT: The goalkeeper has been on loan at Rotherham most recently. GETTY IMAGES Arsenal exits: Players out of contract or reportedly set to be sold this summer Mikel Arteta OUT OF CONTRACT: The veteran midfielder has missed much of the season due to injury, making it difficult to convince Arsenal to give him a new deal. However, the Spaniard is expected to still be at the Emirates next season is some capacity. GETTY IMAGES Arsenal exits: Players out of contract or reportedly set to be sold this summer Theo Walcott RUMOURED EXIT: The England international will have a year to run on his current contract this summer with talks ongoing about signing a new one. If no agreement can be reached, Arsenal may look to cash in while they can. EPA Arsenal exits: Players out of contract or reportedly set to be sold this summer Jack Wilshere RUMOURED EXIT: Injuries and a highly competitive midfield at Arsenal has led to speculation Wilshere could be sold this summer. Reports claim the 23-year-old would be open to an exit from the Emirates having fallen down the pecking order. Getty Images Arsenal exits: Players out of contract or reportedly set to be sold this summer Wojciech Szczesny RUMOURED EXIT: Whilst set to play in the FA Cup final due to Wenger's selection policy, Szczesny may not feature for Arsenal again after that. Poor form and being caught smoking saw him lose his place to David Ospina and with Petr Cech possibly arriving this summer, Szczesny could depart. GETTY IMAGES Arsenal exits: Players out of contract or reportedly set to be sold this summer Joel Campbell RETURNING LOANEE: After a promising World Cup, Arsenal opted not to send the Costa Rica international straight out on loan. But after failing to make an impact in his limited opportunities he went to Villarreal in January. Arsenal are understood to be prepared to let Campbell leave permanently this summer. GETTY IMAGES Arsenal exits: Players out of contract or reportedly set to be sold this summer Lukas Podolski RETURNING LOANEE: Having been allowed to go to Inter Milan in January, it appears there is no place for Podolski at Arsenal. Despite a healthy goal return, Wenger is simply not a fan. Will have a year to run on his contract this summer. GETTY IMAGES

With officials from both Inter and AC Milan in Monte Carlo to try and persuade Kondogbia to Italy, the blue half of Milan proved to be triumphant after convincing the former Seville player to join their ranks under the guidance of former City manager Roberto Mancini.

Kondogbia made 35 appearances for Monaco during a two-year spell with the Ligue 1 club, having arrived from La Liga in 2013, and he shone in their march to the Champions League quarter-finals last season when they eventually came unstuck against finalists Juventus.

However, Kondogbia’s move to Inter could yet have further ramifications for Arsenal, as reports in France suggest that Monaco will look to sign Sporting Lisbon’s Williams Carvalho as an immediate replacement. Carvalho stood out in Portugal Under-21s victory over their Englisg counterparts last week in their European Under-21 Championships opener, and the Gunners were linked with a £28.5m bid for the Sporting midfielder.

Portugal Under-21 international William Carvalho (Getty Images)