According to GianlucaDiMarzio.com, Milan are getting even closer to signing Florenzi, reaching full agreement with him to make the switch, but they are yet to find an agreement with Roma.
New Roma manager Jose Mourinho does not feel that Florenzi has a place in his squad, and hence they are keen to offload him this summer, preferably on loan with an obligation to buy.
However, Milan are looking to bring in the 30-year-old on loan with an option to buy rather than an obligation to do so.
Despite this, the two clubs are hopeful that they can reach an agreement, and the versatile Roma Primavera graduate will be join Milan some time this month, one way or another.
Corriere dello Sport have claimed that after reaching total agreement between Florenzi and Milan, he is expected to arrive in Milan in the coming week.
Additionally, if a move for Florenzi is completed, Milan will give up their approach for Manchester United right-back Diogo Dalot, who spent last season on loan with the Rossoneri.
Milan's current right-back options are Davide Calabria and Pierre Kalulu, with Andrea Conti being set for a permanent move away from the club.
Florenzi would add a new level of versatility to Mourinho's squad, with him being comfortable playing as a full-back, and even in midfield if needed.
The Italian spent last season on loan with Paris Saint-Germain, making 36 appearances in all competitions, and while he predominantly played at right-back, he also filled in on the right wing on certain occasions.
If Florenzi manages to play regularly at Milan, he could possibly edge his way into the starting lineup of the national team once again, as while he was part of the Italy team that won UEFA Euro 2020, he only played 47 minutes in the whole competition.