Inter and manager Roberto Mancini have accepted an apology at the urging of Napoli for the anti-gay slur which saw Maurizio Sarri handed a two-game Coppa Italia touchline ban on Thursday.
Napoli released a statement on their website suggesting Mancini should accept Sarri's apologies since even Lega Serie A have not deemed them to be discriminatory, but merely derogatory.
"The sporting judge's decision formally confirms the absence of any racist or anti-gay connotation in the words uttered by coach Sarri in the direction of the opposition coach," read the statement.
"Knowing the human and cultural background of our own coach, Napoli never had any doubts about this and believe that the regret for those words, which Sarri has repeatedly expressed in public, further testify to his personal qualities and his ability to be self-critical.
"Therefore excluding that Maurizio Sarri's words could have been uttered in a discriminatory manner, it is hoped that the coach of Inter can accept his apologies, which he has expressed several times, and that the sporting issues of both clubs return to being the focus of the media and the public's attention."
Later on Friday, Inter announced that Mancini had accepted the apology.
An official club statement read: "Now is the right time to put an end to the many discussions surrounding the last few minutes of the match.
"Roberto Mancini and the club therefore accept the apologies offered by Maurizio Sarri and Napoli and we ask that the attention of the press and public now returns to games in Serie A and the Coppa Italia and a particularly exciting season for both sets of fans and contenders for domestic trophies."
Sarri had labelled Mancini "a 'poof' and a 'f----t" towards the end of Inter Milan's 2-0 win over Napoli at the Stadio San Paolo on Tuesday night.
An irate Mancini declined Sarri's apology as he confronted him in the dressing rooms, before telling the media precisely what the Napoli coach had called him. Sarri received a two-game ban from the Lega Serie A disciplinary committee on Thursday and that, both Mancini and Napoli hope, will be the end of it.
"What I said after the game in Naples is fully in line with my history and my footballing culture," Mancini wrote on his own website. "I am not asking people to share my views, but I do expect them to be respected. In these hours, a controversy is being created which is shifting the attention away from the real problem!
"This is why I would like a line to be drawn under this whole story, which has already been manipulated far too much. Particularly [the story] that, 15 years ago, I am accused of using the very same insult to a journalist, which is not true. I never used those words because they have never been part of my vocabulary.
"I would like to repeat how disappointed I am, but I would like the focus to return to our sporting objectives and our next game, which is crucial for Inter's season."
Inter and Napoli meet again at the San Siro on April 17.