The 29-year-old has signed a five-year contract with the Italian side.
A statement on the club’s official website read: “Bologna have reached an agreement with Alessandro Diamanti to prolong his contract until June 30, 2017.”
Diamanti impressed for Bologna in the Serie A last season.
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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?