The 33-year-old is supposed to return to LA at the start of March when a three-month loan spell expires.
But Beckham has made it clear that he would rather stay at San Siro and the club are determined to ensure that happens.
According to La Gazzetta dello Sport, Milan have come to an agreement with Beckham that would see him earn around £4m per season and keep full image rights.
However, for any transfer to take place, the Diavolo will have to get the go-ahead from Galaxy, who are likely to try and keep their grip on their prized asset.
It has been reported that Milan will offer a modest fee of £4.5m for Beckham's signature.
Meanwhile, Beckham's lawyers are looking for a way to make the move legal in spite of the fact the transfer window has closed and the midfielder is tied to his current employers until June 2011.
Awesome news, lets hope we see Beckham in the permanent Rossonero jersey soon!
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