Mario Balotelli's future is unlikely to lie at AC Milan and the Rossoneri could look to Manchester City again for his replacement.
The Italian international joined Milan from Man City in January 2013 for a fee believed to be around £18m plus bonuses.
Balotelli has had a mixed time with the Diavolo, showing glimpses of brilliance but all too often not giving of his best and courting controversy off the pitch.
With Milan unlikely to secure even a Europa League place for next season, Balotelli is expected to leave and has been linked with Arsenal and Monaco.
The paper reports that Milan vice-president Adriano Galliani could take advantage of having an excellent relationship with Doyen Sports, who own Negredo, to make a summer swoop.
Negredo made an impressive start to the season with Manchester City but he found first-team space harder to come by later on in the campaign.
The sale of Balotelli is expected to bring in around £20m for Milan and that money will provide the base for their spending in pre-season.
Man City would be likely to listen to offers for Negredo given Edin Dzeko's excellent conclusion to the campaign and having fallen foul of Financial Fair Play regulations may be happy to reduce their wage bill, which is not allowed to increase.