The Rome club first attempted to sign the Brazilian in the January transfer window, but faced difficulties in reaching an agreement with third-party owners Doyen Sports.
However, speaking to tuttomercatoweb, Santos sports manager Andre Zanotta confirmed that the transfer is only a signature away from completion.
“We still can’t make it official, but we have reached a verbal agreement with Lazio that satisfies all parties,” said Zanotta.
“We are drawing up the contract and only after the signing can we confirm that the deal is closed.”
Zanotta attempted to shed some light on why the deal for the Brazilian under-20 international has taken so long to be finalised.
“The problem is that Felipe is a player with incredible potential and so it wasn’t easy to reach an agreement between the parties.
“The player is happy, we have reached a good agreement and Lazio will have a great player.”
According to Sky Sport Italia, the 20-year-old midfielder will sign a five-year deal worth €800,000 a year.
The total transfer is said to come to €7.8 million, with €4 million going to parent club Santos and the remaining €3.8 being handed to Doyen Sports, the third-party company who own half of the player’s economic rights.