AC Milan know it will take £15 million to land Internacional striker Alexandre Pato.

The 17-year-old is one of the hottest properties on the transfer market and has attracted the interest of Chelsea, Real Madrid and Inter along with the Rossoneri.

"Pato's rescission clause is set at £9.8m and whoever wants to sign him will have to pay that amount of money, which will go entirely to the club," announced Internacional President Vitorio Pifero.

The remaining £5m would most probably be for the player's agent Gilmar Veloz, who is expected to meet with Milan official Leonardo shortly.