AC Milan revive Ljajic talks as Honda deal collapses
Corriere dello Sport says Fiorentina face having to sell the Serb after he refused to discuss new terms. Ljajic's current deal expires in 2014.
The Rossoneri, however, will not get a free run at Ljajic, with Atletico Madrid, Lyon and Tottenham also keen.
Fiorentina want €15 million for their midfield playmaker, though his agents are pushing for a fee closer to €8 million.