Brazilian reports suggest Santos have made their final offer of €7m, but it doesn’t satisfy either Milan or Robinho.
The striker has said he would like to return to his homeland and above all his old club, but negotiations have hit obstacles.
The Rossoneri already turned down one bid and Brazilian media report their €10m price-tag has still not been met.
Santos are rumoured to have made their ‘final offer’ of €7m and a contract worth €3.6m per season.
However, Robinho is believed to want wages of at least €4.8m, so the proposal doesn’t satisfy his requirements either.
The bidding war heats up for the striker, as Flamengo, Fluminense and others are also said to be interested.