The English attacker travelled to Milan over the weekend and the Nerazzurri are optimistic over their chances of signing the winger
The 22-year-old, who is out of contract with his current club at the end of June having spent the latter part of the 2013-14 season on loan at Crystal Palace, visited Milan at the weekend with father Paul - an Inter player between 1995 and 1997.
While Ausilio confirmed no agreement had been reached between club and player, it seems their initial talks have been positive.
"It's still early. The boy came to Milan because he wanted to have a look at everything for himself," Ausilio told reporters.
"We made the most of the weekend that he decided to spend in Milan with his family. We've laid some foundations, now we'll see if we're able to close the deal over the coming days."
Ausilio also confirmed Inter were on the lookout for a defensive midfielder, while also re-iterating that they are keen to sign an additional forward.
"We've never tried to hide that we want an extra midfielder. It's even more the case now that we won't have Cambiasso anymore. We're certainly on the hunt for a very good player who's worthy of playing for Inter.
"We'll need a striker who can weigh in with goals, regardless of his physical characteristics."