AC Milan continue last ditch talks with Real for Kaká - report
AC Milan have launched a last gasp attempt to revive a loan deal for Real Madrid playmaker Kaká despite talks breaking down earlier today.
Club vice-president Adriano Galliani confirmed that the club had entered talks with Los Blancos but financial problems have ended negotiations according to the 68-year-old earlier today.
"The negotiation for Kaká has broken down," he told reporters yesterday. "It is not possible to complete the deal because of fiscal reasons. The deal broke down about an hour ago. But we had agreed on everything else."
But according to Goal.com, talks are still ongoing between the two clubs over the playmaker as AC Milan are still keen for a resolution.
Both teams had reached an agreement over a 24-month free loan deal, after Milan initially intended to sign Kaka until June 2015, whereas Madrid aimed to ship the Brazilian out on loan for 18 months.
The deal was put on hold following Madrid's demand for a €7 million (£5.9m) fee to cover tax payments.
Milan are reluctant to accept Madrid's request, but they hope to reach a compromise before the transfer window slams shut as negotiations continue.