Iltempo.it report that Roma have reached an agreement with Cagliari that will see Ibarbo move to the Stadio Olimpico on an initial loan.
Reports suggest the move will cost an initial €2 million with a forced option to buy set at €8m, though other outlets are reporting the move could cost as much as €16m.
Ibarbo joined Cagliari from Colombian club Atletico Nacional in 2011 and has since gone on to score 15 goals in 121 appearances for the Sardinian side.