The Dutch striker is expected to quit current club Schalke in January, with his contract set to expire at the end of the season.
The Bundesliga side are aware that he could leave for free next summer and may look to move the 29-year-old on next month for a minimal fee.
The Premier League duo were thought to be in prime position to take advantage of the situation, but his agent Arnold Oosterveer has revealed that his client would prefer a switch to Inter Milan, despite having played for city rivals AC:
“He would not mind playing in Milan again – especially because Inter would give him the chance to show he is a great player.” He is quoted by The Metro.
Huntelaar signed for Schalke from AC Milan in 2010, following a less than successful spell in Italy.
His time in the Bundesliga has been much more fruitful, with the striker averaging better than a goal every two games.
This form has attracted the attention of a host of top sides across Europe and may allow him one last chance at a top club.
Huntelaar started his career with PSV Eindhoven before playing for Ajax, Real Madrid and AC Milan.