AC Milan owner Silvio Berlusconi needs to secure fresh investment by Christmas to convince Pep Guardiola about a move to Italy.Corriere dello Sport says Berlusconi has no intention to sell the club, but is frantically seeking a 'partner' to provide financial support in the region of €200 million.

Former Barcelona coach Guardiola has made it clear he's interested in the Milan job, but not at any price. The Spaniard would need to be assured over Milan's capacity to compete in the transfer market to accept any move to the San Siro.

Intermediaries have made it clear to Berlusconi that Guardiola will make a decision over his future during the Christmas / New Year period.