AC Milan have agreed terms with Carlos Tevez and have sent an offer to Manchester City to take the player on loan.
Tevez's future at City has been the subject of intense speculation ever since his run-in with the club over his apparent refusal to warm up in City's UEFA Champions League clash with Bayern Munich earlier in the season.
The former Manchester United man is currently AWOL in his native Argentina after refusing to return to training and City boss Roberto Mancini admitted earlier on Tuesday that it was important for the club to offload their former captain.
AC Milan chief executive Adriano Galliani has now claimed they have agreed personal terms with Tevez to move to the San Siro and is now waiting to see if City will agree to their request of taking the player on loan with the option of a permanent deal.
"Between yesterday and today I laid a few bricks to reinforce an already formidable squad," Galliani told Milan's TV Channel.
"I've been in my office with Tevez's agent and the situation is clear. Milan have an agreement with the player and just now we sent a proposal to Manchester City: a free loan with right to buy at certain conditions.
"Why should City accept that? He is not playing, he's a great player and if he does well with us then we'll buy him.
Mountain of money
"The player is giving up a mountain of money. He had enormous bonuses with City for the Premiership and Champions League.
"I spoke to Carlitos and he wants to join us. Half the agreement is complete, now we await City's response.
"If Tevez arrives, it'd be a new champion for all of Italian football to enjoy. We are close, the player was fantastic for the economic sacrifices he made and his great desire to come to Milan.
"I hope City say yes, as I managed to beat away some threats from Italy and Europe, but I cannot tell you who... We are in pole position."