Italian Serie A side Bologna has made a revised offer for United States and San Jose Earthquakes attacker Cade Cowell, multiple sources with knowledge of the negotiations told ESPN.
The latest offer consists of a loan with an option to buy.
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According to one source with knowledge of the discussions, if the purchase option is triggered, the initial transfer fee would be $3 million and could rise to $5.5m if certain incentives are met. San Jose would also receive a percentage of any future transfer.
Negotiations are ongoing, however.
The transfer window in Italy closes on Sept. 1. The MLS roster freeze date is Sept. 13.
