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AC Milan are tabling a £7.5 million bid for Internacional di Porto Alegre striker Alexandre Pato.

The teenager is currently starring for Brazil at this month's U20 South American championships and his form has convinced Milan chiefs to push through an immediate deal for the player. Pato's Internacional contract carries a £15 million buyout clause, but their tight financial situation means they cannot afford to refuse an offer as big as Milan's.

Pato doesn't carry a European passport, but Milan hope to get around the foreign ruling in Italy in a similar fashion to how Julio Cesar (Inter via Chievo) and Adrian Mutu (Juventus via Livorno) managed to earn moves to Serie A last year.

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I really believe we need young attackers because Pippo is getting old and Milan can not count on him any longer

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Inter Turn Down Milan Bid For Pato

17 year-old Internacional de Porto Alegre striker Alexandre Pato has apparently received his first European offer, although the Brazilian club have rejected the bid out of hand.

According to Italian sports daily ‘Corriere dello Sport’, AC Milan made a 10 million Euro bid that was turned down immediately by Internacional de Porto Alegre.

The Inter management have tagged the player at 20 million Euros and won’t budge until they get the figure they’re asking for.

Alexandre Pato is also attracting admiring glances from the Rossoneri’s Nerazzurri arch-rivals and Internacional may use their namesakes’ interest to raise the starting price even further.

The player is currently preparing for Brazil’s Under-20 South American tournament that sees Brazil face Argentina on Friday in Asunción, Paraguay, in the first of five final matches that will decide who the princes of South America are.

Pato broke through to the professional side after his contract buyout clause was hiked up from 2 million to 20 million Euros earlier this year, Inter fielding him foe the first time against Palmeiras where he scored and booked a place for the successful FIFA CWC Japan 2006 challenge against Ronaldinho’s Barça.