Man City make £107 million bid for Kaka
Manchester City have stepped up their attempt to sign former World Player of the Year Kaka by lodging an official bid with AC Milan, the Serie A club's television channel has revealed.
Sources in Italy claim that the bid from City is €120 million - which works out as a mammoth £107 million. Reports are also claiming City will pay Kaka's representatives, including his father, a total of £31 million to push the deal through.
And Associated Press are reporting Milan have given City permission to talk to the midfielder.
"It's a delicate moment," said AC Milan TV presenter Mauro Suma. "There is an offer for Kaka which is being considered by Milan - considered does not mean decided or accepted.
"We are not faced with a decision or a done deal. There are still days and hours ahead."
The Italian giants are currently considering the offer which was made after a delegation from Eastlands travelled to the San Siro earlier this week to discuss a possible deal.
Milan know they could rebuild much of their ageing squad with such a huge transfer fee.
Even if City are successful and are allowed to discuss terms with the Brazilian it is far from certain he will choose to move to a club which has little chance of European football next season.
Kaka would have to buy in to the long-term project of turning City from one of English football's also-rans into a true force both in the Premier League and across the continent.
If City can persuade the 26-year-old to move to Manchester it will be a huge coup, though the reported wage bill of up to £500,000-a-week will soften the blow of joining a club which is struggling in their domestic league.