Italian striker Fabrizio Ravanelli has been the subject of a bid from Portsmouth,according to the player’s agent.

Despite denials from Fratton Park officials earlier today, it would now appear the deal is very much alive.

The Derby County player is currently in Italy recovering from minor surgery on his ankle and the club are desperate to sell Ravanelli due to his high wages.

‘There is an offer from Portsmouth for Ravanelli but nothing will be decided until Ravanelli returns,’ Giovanni Palladini revealed.

‘I have spoken to (Portsmouth assistant manager) Jim Smith and we have reached an agreement, but until Fabrizio evaluates it nothing will be done. Fabrizio returns on Monday.’

‘He is very happy at Derby and wants to stay there,’ added Palladini. ‘However, if Derby cannot afford his wages due to their financial situation then he may have to make a sacrifice and leave.’

Ravanelli, a former Italian international, said earlier today that he was happy to stay at Derby.

‘I am looking forward to returning to play and I think in a week’s time I will be ready. I have heard rumours and I am flattered that clubs are interested in me but at the moment nothing has changed, I am happy at Derby.’