The striker only made the move to San Siro from Manchester City in January for €20m (£17.6m), but according to the Corriere dello Sport, new Real Madrid coach Carlo Ancelotti has ordered his club to make a huge offer in order to tempt him to Los Blancos.
However, the Rossoneri have provided assurances that he is absolutely not for sale, nor is there any buy-out clause in his contract.
“Will Balotelli be sold? No, for the moment he won’t go, but in football those who are not for sale sooner or later go on the market,” agent Mino Raiolatold the Corriere dello Sport.
“Milan have an important project in place with Mario and he is very happy here. You can be sure he won’t move for now, but tomorrow... I don’t know.
“It is very tough for Serie A to hold on to top players right now, as their revenue is only a third of what English or Spanish clubs make.”
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