Reports in Spain appear to indicate that Ricky Kaka will leave Real Madrid in January, sparking a bidding war among Europe's biggest clubs.
The 28-year-old Brazilian has been repeatedly linked with a move back to Italy in recent months, although never once did the likes of Marca and AS take it seriously.
However, it now seems as though they agree with their Italian counterparts that Real Madrid are open to selling Kaka who left Milan last year in a €68.5m transfer.
Milan and Inter would like to bring Kaka back to Serie A, but they apparently face significant competition from Chelsea.
Carlo Ancelotti has always shown a desire to be reunited with his former protégé and the Blues have a longstanding interest in his signature.