AC Milan Sign Kevin-Prince Boateng from Genoa

Italian giants AC Milan have announced the signing of midfielder Kevin-Prince Boateng from Genoa on a season-long loan deal with an option to sign him on a permanent contract at the end of the 2010-11 campaign.

Boateng has joined Genoa from Portsmouth for a reported fee of around £5 million after his impressive performances for the Ghana at the 2010 World Cup finals in South Africa.

Portsmouth chief executive David Lampitt was grateful to Boateng for his spell at Fratton Park and wished him well for the future.

He told the club's official website: "We wish Kevin all the best. He played an important role last season and we thank him for that."

On Tuesday, though, Grifone president Enrico Preziosi had made it clear that he was on the verge on farming out the player on loan to Milan and would be looking to make a profit on any future dealings involving the player.

The Rosseneri are struggling for funds to sign reinforcements and a loan signing is beneficial for the former Italian and European champions.

The 23-year-old central midfielder was an important player for Ghana at the World Cup in which the Black Stars reached the quarter-finals.