The Italian giants are planning a spending spree in the summer as they eye a complete squad overhaul to return to glory days.
The Rossoneri have fallen in the recent years, having last won the Scudetto in 2011 – the Italian giants have looked like a spent force in the recent years.
Milan have been struggling in the league and haven’t qualified for European football in the last three years, with injury set-backs set to keep them out of continental football for yet another year.
However, with new wealthy Chinese owners – the Diavolo are eyeing a strong comeback in the summer as they plan a complete overhaul of the squad to make them a force a to be reckon with.
Reports claim that with Modric set to turn 32 soon – Madrid could be tempted to cash-in on the Croatia international.
But, Milan would face tough competition for the 31-year-old from Bayern Munich, who are also eyeing a move for the veteran magician.
Carlo Ancelotti worked with Modric during his time at the Santiago Bernabeu and is keen for a reunion.
Milan although are confident that they can land the Real man as they look to build a squad to take them back into European elite.