Manchester United have reportedly made a €50 million (£44.2 million) offer for Alessio Romagnoli, but AC Milan have turned it down.
According to Il Corriere dello Sport (h/t Calciomercato), the bid was comprised of a €45 million initial offer plus €5 million in add-ons, but the Rossoneri believe he is worth more than that.
However, it's said by Calciomercato that Milan would "seriously consider" a second, higher bid as "nobody is unsellable at the San Siro" this summer.
After embarking on a spending spree last year, which saw Milan splash out on the likes of Leonardo Bonucci, Andre Silva and Hakan Calhanoglu among others, they fell foul of UEFA's financial fair play regulations and have been punished as a result, per Rob Harris of the Associated Press:
Rob HarrisContrary to some interpretations of UEFA ruling, AC Milan only banned for ONE season from Europe (2018-19 Europa they qualified for), subject to any appeals to CAS
As such, they may be forced to make sales to prevent further sanction.