Give me 12m Euros per season-Ricardo Kaka

The latest reports to come out of Spain suggest that the Brazilian is all but ready to make the leap to the Santiago Bernabeu, according to report. A number of rumours have emerged over the past 48 hours or so involving Kaka's proposed summer transfer from Milan to Real Madrid.

There were reports that the Brazilian playmaker had given a firm 'yes' to Los Blancos presidential candidate Florentino Perez about joining the club; Spanish daily Marca even emblazoned the front page of their paper yesterday with a mock photo of the 26-year-old posing with Madrid's famous No.5 shirt.

Milan vice-president Adriano Galliani responded swiftly by reiterating that the superstar is indispensable, and that Florentino will just have to accept it.

But now, AS has reported that Kaka and his representatives, mainly his father, Bosco Leite, have outlined the midfielder's contract demands to Madrid. They are supposedly asking for €12 million gross per season or €9 million net. That will be almost €3m more than what he's currently making at Milan (€6.2m), while his father has demanded €8m in commission should the move materialise.

The Spanish sports daily also believes that Florentino's €60m offer in the transfer fee falls well short of what the Rossoneri would expect for the midfielder: €85 million. But it is likely that if both clubs were to begin formal negotiations, the final price could be set around €60m to €70m.

Finally, Galliani's own admission that Milan can no longer compete with some of Europe's superpowers in terms of transfer funds has also convinced the paper that Il Diavolo will have to sell Kaka sooner rather than later.