AC Milan have been told that signing 21-year-old Spanish midfielder Brahim Diaz on a permanent deal from Real Madrid will cost them £26m, but the La Liga club are open to loaning the playmaker out again.

Spain Under-21 midfielder Brahim Diaz, 21, is close to joining AC Milan from Real Madrid.

Nineteen-year-old Brahim Diaz is set to swap Manchester City for Real Madrid after the clubs 'reached an agreement' for a £13.6m transfer.

Manchester City will make one final attempt to convince Spanish midfielder Brahim Diaz, 19, to stay at the club instead of joining Real Madrid in January

Real Madrid are lining up a January swoop for Manchester City starlet Brahim Diaz.