AC Milan are in talks with PUMA about a new kit sponsorship.
Calciomercato.com says a deal is already settled, with the agreement to commence on July 1, when Milan's current deal with Adidas expires.
Adidas had already cut their contract with the Rossoneri by four years once Silvio Berlusconi sold the club last season.
However, it would have brought the agreement a further year forward, prompting Milan to look elsewhere.
Milan will receive just €10-15m a year from the deal.