“Ronaldinho is 99 per cent a Flamengo player,” said Milan chief Adriano Galliani, all but putting an end to Gremio's dreams.
The legend claimed he only wanted to return to the club where he started his career in Porto Alegre, but Gremio failed to reach a financial agreement with the Rossoneri.
“Ronaldinho is 99 per cent a Flamengo player,” Galliani was quoted as saying by TV Globo in Brazil.
Palmeiras and Corinthians had also made offers to bring Dinho back to his homeland after six months spent mainly on the Milan bench.
It is another surprise twist in the tale, as Galliani had stated overnight that Gremio had “closed the gap” from Flamengo with their financial package.
However, the latest reports would suggest Flamengo have won out with their proposal of €3m.
“We need two or three days to put everything in place,” commented Flamengo President Patricia Amorim.
“There are still a few details to sort out in the contract, but negotiations are relaxed now. The most important thing is that Milan and Flamengo reached a deal. Now we must speak to the player.”
Think you know your Italian football? Share your knowledge, tips and comments to win cash prizes in OLBG's tipster competition  - £11,000 to be won monthly!