AC Milan are preparing a massive last ditch bid for Lazio midfielder Sergej Milinkovic-Savic.

Italy's summer transfer window closes on Friday and Sportmediaset says Lazio president Claudio Lotito is prepared to sell before the deadline falls.

Lotito will sell for €120m cash - and Milan are the closest to meeting the president's valuation.

Milan have already offered €40m for a 12-month loan with the obligatory permanent option for €80m next June. However, Lotito turned it down.

But he is now willing to relent if Milan adjust their proposal over the next 48 hours.