AC Milan are set for a summer of change after American investment company Elliott Management have now completed their takeover of the Serie A giants.
Gattuso, who led the club back into Europe last season, would be leaving the San Siro after less than a year in charge if he does get the push to make room for his compatriot.
Axed Chelsea boss Antonio Conte is on the verge of an immediate return to management after holding talks with AC Milan to replace Gennaro Gattus.
The 48-year-old finally left Chelsea after a long stand-off with the club over his £9million pay-off, and is believed to be preparing legal action over the nature of his exit.
However, Chelsea’s decision to sack Conte may not have cost them as much as they initially feared, with multiple reports in Italy claiming that the Italian is in talks with AC Milan.
Leonardo is also expected to replace Massimiliano Mirabelli as the club’s sporting director – it was the latter who sanctioned a long-term contract for Gattuso at the end of last season.
That has left Gattuso with few allies in the boardroom, and contact has already been made with Conte who has given his absolute approval to the move – though is conscious of his ongoing legal situation with Chelsea.
Conte was furious that he was made to return for pre-season training and believes he is entitled to compensation for damages to his career and a potential loss of future earnings.