Valeri joins Ternana until season's end
Valeri travelled to the club on Wednesday afternoon, where he finalised terms and signed the deal which expires on 30 June.
The Socceroo joins Ternana from newly-promoted Sassuolo where he has failed to get on the park this term having battled a leg injury early in the season.
Valeri returned to fitness in November but has been an unused substitute in a number of fixtures in recent weeks.
The 29-year-old has previously said his dream is to make his Serie A debut, but needing game-time to be part of Australia’s 2014 World Cup campaign has opted to move.
Ternana are currently battling the drop and the club hope he will help them avoid relegation.