City had reportedly offered huge bid in order to sign Italian youngster.
Manchester City have reportedly offered €25m plus striker Carlos Tevez in order to sign Milan star Stephan El Shaarawy, according to La Gazzetta dello Sport.
The same paper had claimed on Saturday that the Premier League outfit had offered a staggering €40m in order to land the 20-year-old, but now the consensus is that Tevez will be included in the deal.
However, it is unclear at this stage as to whether Milan would part company with one of their brightest stars even with the new offer, with both club and player continuously stating throughout the season that he would not be sold no matter the bid.
El Shaarawy had a break-out season for the Rossoneri last year, ending the campaign as their top goal-scorer, although he struggled for form after the Christmas break.
Most put that down to fatigue after having carried Milan through the first half of the season, while others have questioned whether he is compatible with Mario Balotelli in a front-line line-up.
He will want to ignore all the speculation and concentrate on the Confederations Cup, where he is expected to play a significant role alongside his club team-mate.
Meanwhile, Tevez had been close to a move to Milan in January, but after negotiations failed to result in a transfer, Milan switched their attention to Balotelli.
While the offer will undoubtedly tempt the Italian giants, it does not fall into their new transfer strategy of recruiting young prospects rather than big-name stars.
Although Tevez would arrive with cash as part of the deal, the Argentine is 29-years-old and would want a significant amount more in wages.
However, with no word yet from Milan, it remains to be seen whether they would interested in negotiating with City later this summer.