Corriere dello Sport are reporting that a new cost-cutting regime at San Siro means the young Brazilian is for sale, but only at the right price. The Rossoneri rejected a £39m bid from the Blues last summer, but the paper believes a slight increase on that offer this summer could see the 20-year-old heading for west London.
Pato has scored 14 goals in 28 games so far this season for Leonardo’s side, but is still sweating on Brazil coach Dunga to see whether he’ll be making the trip to South Africa for the World Cup in the summer.
If the move is finalised, the paper also reports that Mario Balotelli of rivals Inter will be targeted as a replacement for the 2007 European champions.
The Italian has long been out of favour with Nerazzurri fans, having only recently patched up a disagreement with manager Jose Mourinho, and has previously admitted to being a childhood AC fan.