The Italy international has been frozen out at Anfield and former coach Sinisa Mihajlovic is prepared to take him back to San Siro on a season-long loan deal.
Mario Balotelli could be set for a shock reunion with AC Milan after Adriano Galliani claimed the club has a "love affair" with the striker.
The Liverpool flop met with Rossoneri boss Sinisa Mihajlovic on Saturday to discuss a potential loan to San Siro, 12 months after departing for Anfield.
Balotelli and Mihajlovic worked together earlier in the 25-year-old's career when the coach was an assistant at Milan's rival Inter, and the former defender is prepared to offer a lifeline to the striker, who has been frozen out at Anfield.