AC Milan will give Ralf Rangnick a transfer budget of €75m and free rein in the Milan project when he eventually joins the club.

Reports in Italy has it that both parties already agreed on deal and the arrival of Rangnick at the San Siro is imminent.

While both parties have denied such speculations, reports coming out from Italy has it that the seven time European champion has penciled down the sum of €75m as transfer budget to be handed over to the German who is expected to take over the managerial role as well the sporting director’s role.

Rangnick, 62, is expected to steer the club in a positive direction while moulding Milan’s future.

The former Schalke 04 manager has already sets his eyes on Salzburg and Hungarian international Dominik Szoboszlai.

Dominik, 19 is expected to complete a move to the Serie A side ahead of the 2020/2021 season.