A return to AC Milan has long been mooted, where he spent the 2018/19 season on-loan.
And Gazzetta dello Sport says negotiations have reached an advanced stage as Bakayoko has agreed personal terms with the Rossonero.
For their part, Chelsea are demanding a fee to sell the midfielder, but are unlikely to price Bakayoko out of a move to Milan. An initial asking price has been set at €20m.
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