Adriano Galliani hopes Milan can tug on the heart-strings of Carlo Ancelotti and lure him back to San Siro for a second stint in charge.
Ancelotti is in demand following his exit from Real Madrid earlier this week, and Milan are hoping to gazump any other potential suitors and agree a deal with the 55-year-old.
However, Milan are not at the same level as the club he previously managed between 2001 and 2009, so chief executive Galliani knows they have a tough job to convince Ancelotti to return.
"He will give us his final answer next Wednesday," Galliani told Sport Mediaset after a meeting with the former Chelsea boss.
"According to Carlo the decision is 50-50, but we are hoping that on Wednesday it will become 100 per cent, but I fear it may become zero.
"We agree on everything, we will see what he says.
"In any case our bond with [current coach] Filippo Inzaghi will not end, we'll see what happens."
‘He instantly popped into our ratings as one of the best U21 midfielders in Europe. The impressive thing is Slot has made him into more of a no.6' Inside Ryan Gravenberch's transformation at Liverpool
‘I don’t think Liverpool would look at Ollie Watkins, a striker isn’t a pressing issue for them – it’s Arsenal who need one’ Former Reds star explains why his old club don’t need an out-and-out forward this summer
