Reports in Italy on Wednesday claimed that the Nerazzuri had agreed a deal to pay the Madridistas €15 million for the Dutchman's services, after the Spanish giants lowered their original asking price of €20 million.
The playmaker made 52 league appearances - netting 11 times - after joining from Ajax in 2007.
But following the expensive acquisitions of Kaka, Cristiano Ronaldo, Karim Benzema, Alvaro Arbeloa and Xabi Alonso, Real are keen to recoup some cash, with Sneijder, Rafael van der Vaart, Arjen Robben, Roysten Drenthe and Ruud van Nistelrooy all available for transfer, while Klaas-Jan Huntelaar has already joined AC Milan.
The former Ajax starlet - who has been capped 53 times by his country - has also been linked with Chelsea, Arsenal, Tottenham Hotspur and Aston Villa during the close season.
However, although the player's agent Soren Lerby confirmed that a deal had been agreed between Real and Inter, he added that Sneijder has yet to decide whether to commit to the Serie A giants.
"I have received a phone call from Real that a deal has been done," he told De Telegraaf.
"I have spoken to Wesley, but at the moment he doesn't know what he wants. He will think about that now.
"If he is interested in a move, we will have a meeting and look if they can meet his demands."
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