ROME, Aug. 22 (Xinhua) -- AC Milan club have confirmed on Wednesday that the swap deal involving Antonio Cassano and Giampaolo Pazzini had been completed.

A statement on the AC Milan official website read: "AC Milan announces that it has acquired outright from FC Internazionale Giampaolo Pazzini and simultaneously has sold Antonio Cassano outright to FC Internazionale."

It is believed that Milan have paid Inter a fee of some 7 million euros as part of the deal, which came to pass after Cassano had grown disenchanted with the club after seeing the likes of Zlatan Ibrahimovic and Thiago Silva depart.

Inter welcomed their newest signing with a brief message on their own site. It read: "Today is the first day of Antonio Cassano's adventure at Inter. This morning the striker arrived at the Centro Sportivo Angelo Moratti, where Andrea Stramaccioni and captain Javier Zanetti were waiting to welcome him."