Reports suggest the Bianconeri have retained a buyback option on the 20-year-old but will let him spend the upcoming season away from Turin due to their multitude of attackers
Domenico Berardi has sealed his move to Sassuolo for €10 million [£7.1m], ending his co-ownership with Juventus.
However, the Scudetto holders are reported to retain a buyback option rumoured to be €18m [£12.8m] with the view of signing the Italy Under-21 international in 12 months time.
Massimiliano Allegri is believed to want Mario Mandzukic, Paulo Dybala, Alvaro Morata and Simone Zaza – who is expected to be bought from Sassuolo in the coming weeks – as four of his five forwards, with Berardi to be brought in next season and potentially room for one more face in 2015-16.
Meanwhile, Carlos Tevez has agreed to return to boyhood club Boca Juniors, Fernando Llorente is up for sale and Alessandro Matri's loan has ended seeing him return to AC Milan.
This has permitted Sassuolo to redeem the remainder of the striker's rights this summer for €10m, which will be payable over four years, as they look to build on 2014-15's 12th-placed finish in Serie A.
"Juventus have reached an agreement with Sassuolo for the termination of Domenico Berardi’s co-ownership deal between the two clubs," the Bianconeri confirmed on their official website.
"Sassuolo will now own the player’s full registration rights."