Palermo and Juventus have agreed a provisional deal for the transfer of Amauri, according to the Corriere dello Sport.
The talented Brazilian marksman is hot property in the peninsula and is widely known to be Juves principal transfer target this summer.
Recent reports have suggested that Amauri has his heart set on joining the Old Lady, but that Spanish champions Real Madrid could hijack the deal.
However, the Corriere dello Sport insists that Juve sporting director Alessio Secco has reached an agreement with Palermos transfer chief Rino Foschi.
The fee is believed to be around £8.4m plus the rights to Azzurrini midfielder Antonio Nocerino and former Parma winger Marco Marchionni.
There are also whispers that Secco is considering offering defender Domenico Criscito currently on loan at Genoa to try and reduce the cash payment.
A month ago, there were claims that Secco had proposed a part exchange of £12m plus Sebastian Giovinco, Paolo De Ceglie and Claudio Marchisio.
But with Giovinco excelling at Empoli and De Ceglie impressing in a Siena shirt, such an offer seems reckless and highly unlikely.
It has been suggested that Coach Claudio Ranieri vetoed the original proposal, but that he is happier with the new terms.