At the start of the summer, Milan seemed very keen to snap up Taarabt outright and negotiations began almost as soon as the season ended, although the Italian side found the £8 million valuation on the player too high.
But despite Taarabt's determination to be allowed to return to San Siro, Milan's transfer policy has slowly started to move in a different direction.
The change of coach from Clarence Seedorf to Pippo Inzaghi also appears to have damaged Taarabt's chances of wearing the Milan shirt again.
Taarabt impressed under Seedorf after arriving at Milan on loan from QPR via Fulham for the second half of last season and silenced his critics.
The paper claims that the Moroccan international is ready to go on strike from QPR duties in the hope of forcing a move, but Milan will only consider signing him if other transfer targets fall through.
Milan's transfer campaign has ground to a halt after the expected sale of striker Mario Balotelli didn't materialise and they may not have the resources to provide Inzaghi with many new recruits.