The forwards loan to Roma was moved to the Diavolo in August, with the Rossoneri able to have the option to buy Bojan outright for €15m in the summer.
However, Milan vice-president Adriano Galliani had agreed with Barcelona that a new agreement would be available to the Rossoneri if they were to purchase the Spaniard.
Milan are happy to keep the 22-year-old at the club, they don’t want to pay the agreed fee and are looking to get a discount.
According to reports in Spain, Milan have placed a €5 million offer and are still waiting for a response from Barcelona.
Other teams such as Bundesliga’s Hamburg have been linked to the player who has played 19 Serie A games this season.
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