Gazzetta dello Sport says Milan are pushing to sign Manchester City rebel Tevez and fellow Argentine Paolo Dybala, currently playing for Instituto.
To fund the double swoop, Milan intend to cash in on Pato - and quickly.
PSG have already offered &eruo;22 million for the Brazilian, which falls well short of Milan's €40 million valuation. Should he be put on the market, Milan can expect offers from Arsenal, Chelsea and Manchester City for Pato in the coming days.
With Pato's money, Milan would be in a position to meet City's asking price for Tevez - seeing off rivals Inter Milan in the process.