In the past day, Chelsea have opened up to Milan’s proposal of a paid loan with an option to buy Bakayoko.
The full cost of the deal would be around €30-32m for a player who has no future at Stamford Bridge.
Bakayoko wore the Milan shirt in the 2018-19 season, making 31 appearances during a loan spell.
Since then, he has returned to former club Monaco on loan, but is desperate to join Milan.
The Frenchman has agreed to take a pay cut to join Milan, where he enjoyed some of his best form.