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.