AC Milan have confirmed that they are in talks with Liverpool over a potential season-long loan deal for Mario Balotelli.
The Italian has been frozen out at Anfield after Brendan Rodgers excluded him from first-team training along with Fabio Borini and Jose Enrique.
The trio have all been transfer listed by Rodgers, but as of yet, no clubs have made any formal approaches for them, leaving them looking for a way out of Merseyside.
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From Milan to Liverpool
However, it has now been confirmed that AC Milan are in talks with the Reds over a possible loan deal for Balotelli, with Adriano Galliani confirming that the two clubs are in talks over a proposed deal.
Balotelli has a history with Milan clubs, playing for both AC and Inter, with his latest stint coming just before he agreed to join Liverpool.
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The Premier League outfit paid £16million to sign the striker from AC last summer, but after scoring just twice, Liverpool are already listening to offers for the controversial figure.
With several clubs declaring their interest but then withdrawing due to financial reasons, it looked likely that Balotelli could have to stay put at the English club, meaning he'd be in line for a pay-rise due to a loyalty bonus in his contract.
However, Milan chief, Galliani has now officially revealed that the two clubs are in formal talks over a potential loan deal which would see the striker re-join the club he left just one year ago.
The loan deal could be made permanent this time next year, but the Milan official has warned Balotelli that this could be his last chance to save his career.
The chief has been speaking to Mediaset Premium, and he admitted that the 25-year-old could be on his last legs if this move fails, but he's revealed that the clubs are still in negotiations regarding who pays the players wages.
Milan want a 50/50 split, but Liverpool want the Serie A side to pay more.
'There are negotiations with Liverpool for a loan, but we have not reached an agreement on wages,' Galiani said to Mediaset Premium.
'We want a loan with a portion of the wages paid by us and another portion by Liverpool.
'We want Balo because we are convinced this lad realises that this is absolutely his last chance. I hope he understands that.'
Liverpool fans: Would you be glad to see the back of Balotelli or does he deserve one last chance? Give us YOUR opinion in the comment box below!