AC Milan are set to sign Sergej Milinkovic-Savic on loan from Lazio in a €40 million deal, Il Sole 24 reports.

The Serbia international has become one of the world’s most sought-after talents, with Manchester United and Chelsea also reportedly preparing big-money bids to secure his services.

The former Genk man made 34 appearances last campaign, scoring 12 goals and contributing to the Eagles fifth place finish in Italy’s top flight.

Milan are also said to be chasing Adrien Rabiot from Paris Saint-Germain, according to La Gazzetta dello Sport but will have to compete with Barcelona.