Milan are reportedly close to signing Bordeaux midfielder Aurelien Tchouameni and hope to pair him with Watford winger Gerard Deulofeu.
According to Tuttosport and Sport Mediaset, Milan sporting director Leonardo is working on a loan with an option to buy for Deulofeu.
The 24-year-old spent the second half of the 2016-17 campaign at San Siro, scoring four goals and assisting three in 18 appearances for the Rossoneri.
The broadcaster adds the Diavolo are on the verge of agreeing a deal for Tchouameni, who had also been linked with Inter.
The France Under-19 international, who turns 19 on Sunday, would set Milan back €10m.
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