Liverpool are reportedly set to take a massive £17million loss on Italian flop Alberto Aquilani this summer.

Aquilani was purchased for £20milllion from AS Roma in August 2009, but endured a nightmare time at Anfield.

Fitness issues delayed his Reds debut until two months later and was unable to recreate anything like the form that persuaded the Merseyside club, then managed by Rafael Benitez, to spend such a large fee.

According to The Sun, Liverpool are ready to cut their losses and accept a bid in the region of £3million from AC Milan.

The 27-year-old spent last season on loan at Milan and also took in a year at newly crowned Serie A champions Juventus the season before.

Before the move to Merseyside, Aquilani was a regularly appeared in the Italian national team, but the loss of form and opportunities have led him to become a more bit-pat player.

He missed out on the squad for Euro 2012 but will be hoping the permanent move to Milan will help get his stuttering career back on track.

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