Palermo president Maurizio Zamparini admits AC Milan are keen on Franco Vazquez.
Zamparini says negotiations with Chinese investors is delaying a potential transfer.
“Franco has admirers in the Premier League and in Italy," Zamparini revealed on Radio Kiss Kiss Napoli.
“Milan have shown interest, but the agreement between [Silvio] Berlusconi and the Chinese is slowing everything down.
“Il Mudo is worth more than €25m, but right now if I asked for more I wouldn't sell him. I'm going to meet with those who want to buy him."