Reports suggest the Japan international has become disillusioned with life in Italy - he feels used by the club for his image in Asia, rather than his ability - and has requested to quit the San Siro outfit.
This news has sparked interest from Everton and Tottenham, who are both allegedly keen on landing the 29-year-old's services - but whether either Premier League club will act upon this latest speculation remains to be seen.
Honda arrived at the San Siro from CSKA Moscow in January 2013, but has failed to make the impact that most people were expecting.
He made 29 appearances for AC last term, scoring six goals and creating a further 34 chances for his teammates.
Having assisted five goals in total, he finished the season as his club's third-most creative player - behind Jeremy Menez and Giacomo Bonaventura.
The experienced Japanese forward also completed 80% of his passes, while winning 64% of his take ons and drawing 56 fouls.
The Milan supporters have understandably become frustrated with the player's inability to replicate his international performances at club level, but are still hopeful that the player can make a big impact ahead of the upcoming season.