Spanish reports claim Lazio turned down a €95m offer from Real Madrid for Sergej Milinkovic-Savic this week.

According to Don Balon, the proposal arrived 24 hours before the Serie A transfer deadline, meaning the Aquile had no time to find a suitable replacement.

The Spanish clubs are still open for business until August 31, but Lazio won’t let the Serbia international go without the opportunity to get an alternative.

Spanish reports claim Lazio turned down a €95m offer from Real Madrid for Sergej Milinkovic-Savic this week.

According to Don Balon, the proposal arrived 24 hours before the Serie A transfer deadline, meaning the Aquile had no time to find a suitable replacement.

The Spanish clubs are still open for business until August 31, but Lazio won’t let the Serbia international go without the opportunity to get an alternative.

The alleged €95m offer is also well below the asking price, which is believed to be no lower than €120m and up to €150m.

Don Balon also claim that Lazio turned down similar bids from Manchester United and Chelsea over the summer.

It is rumoured in today’s Italian papers that Milinkovic-Savic will sign a new and improved contract at Lazio, which could include a €150m release clause.

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