Milan have still not reached an agreement with Club Brugge for Charles De Ketelaere, as the two clubs are seemingly at an impasse.
Director Paolo Maldini flew to Belgium earlier this week for face-to-face negotiations, hoping they would be able to resolve the situation, confident the player was determined to join them at San Siro.
The final offer was €30m plus another €2m in performance-related bonuses and today was meant to be the deadline to accept or start looking elsewhere.
According to La Gazzetta dello Sport and Calciomercato.com, Club Brugge are still demanding €35m plus add-ons to release the midfielder.
The situation is now at an impasse and either Milan raise their bid once again or they have to consider other transfer targets.
It is increasingly unlikely that they will be able to reach an agreement after the intensive negotiations over the last few days.
Leeds United had been their biggest competition for De Ketelaere, reportedly offering €37m including bonuses, but they have since moved on, realising the player preferred Milan.