Aston Villa have the option to sign Nicolo Zaniolo on a permanent deal next summer for a fee of up to €40 million (£34.3m).

This is according to Galatasaray vice president Erden Timur, who has confirmed the details of the agreement reached between the two clubs.

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Zaniolo joined Villa on loan from Galatasaray last month for a €5m fee.

Timur revealed that the total figure Villa could have to pay to make the deal permanent is an additional €40m.

Timur was quoted by Sports Digitale as saying: “Nicolo Zaniolo wanted to move to the Premier League. We sent him with a record loan fee [€5m] and pending clauses he has a high buy option fee. With bonus’ Aston Villa could pay €40m. We signed him for €15m and made this deal to make a profit.”

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The Italian winger is a transfer target of Villa’s director of football Monchi, who worked with him at Roma.

Zaniolo’s arrival came after a serious injury to Emi Buendia.

Villa are looking to climb the Premier League table and progress in Europe this season.

The option to buy Zaniolo is a “conditional compulsory purchase option”, which means that Villa will have to buy him if certain criteria are met, such as him playing a certain number of games or scoring a certain number of goals.

Zaniolo has made two appearances in the Premier League so far, and he will be hoping to make a bigger impact after the international break.