The former Inter striker has made no secret of his love for the Rossoneri and he could now get a chance to play for his favourite club.
Milan owner Silvio Berlusconi has decided to build a new team around talented players such as Stephan El Shaarawy and Mattia De Sciglio, and he is keen on adding Mario Balotelli to the mix.
With Robinho and Alexandre Pato both expected to leave in January transfer window, the Rossoneri should have no problems raising the cash for an assault on Balotelli.
The Italy international has started just 6 of 15 Premier League games this season, while making only three substitute appearances in the Champions League.
As a result, he is pondering his future and could jump at the opportunity to sign for the Rossoneri.