The club had announced they were signing the Italian, who left Juventus this summer.
“This is huge for Sydney FC, huge for the A-League and huge for Australian football,” Sydney FC chairman Scott Barlow said.
“We feel honoured that Alessandro has decided to play for Sydney FC and we share his excitement that a move to Sydney FC will create a lasting legacy for football in this country.
“I want to thank Tony Pignata and Lou Sticca for the outstanding work over the last few days in progressing discussions with Alessandro and look forward to Tony finalising the contract in Italy over the coming days.”
According to Sky Sport Italia, the player is yet to make a final decision.
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?