Real Betis and Ipswich Town are also keeping a close watch on the 27-year-old’s situation as the summer transfer window gathers pace.
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The Rossoneri are believed to be willing to listen to offers as they look to generate funds following their failure to qualify for the UEFA Champions League.
Reports suggest a fee in the region of €18 million to €20 million could be enough to secure Fofana’s departure.
Fofana joined Milan from AS Monaco in 2024 for €26 million and quickly became an important figure in the squad.
He made 52 appearances in his debut campaign before featuring 36 times last season, including 29 starts, underlining his importance in midfield.