Queens Park Rangers are said to want to let the £65,000-a-week star go.
The newspaper claim that the the club have given the green light to a potential winter exit, with AC Milan, who took the Moroccan on loan last season, said to be interested in re-signing Taarabt.
The 25-year-old has played just one minute of Premier League football this season and QPR are now said to have given up hope of turning him into a first-team regular.
Taarabt’s agent Vincenzo Morabito has reportedly said: “Adel can move in January. It’s too soon to say where - but Italy is an option.”
QPR fans have, in the past, expressed their surprise at Harry Redknapp's infrequent use of the Moroccan, such as after the 4-0 defeat at Manchester United.
But Taarabt has suffered from fitness issues lately, with Redknapp telling reporters that the forward needs to lose weight, while a key reason for a departure could be his hefty wages.
Indeed, Taarabt is reportedly earning £65,000 a week at the Rs, which proved a stumbling block to a summer move away from Loftus Road. Should Milan look past that, however, the 25-year-old could be on his way out of west London for good.