AC Milan are willing to pay a £4.5m transfer fee for David Beckham to remain at the San Siro but, according to chief executive Adriano Galliani, LA Galaxy are yet to agree to a deal.
"If Beckham comes to an agreement with Galaxy, we are ready to pay a figure. In the coming days we will meet his advisors," Galliani told Sky Sport 24.
"If Los Angeles Galaxy decide not to sell him, they won't sell him."
"The player wants to stay with us but even he knows he must return to America."
Beckham, who moved to Milan to prove his fitness to England boss Fabio Capello, has been a first-choice starter for the Rossoneri and grabbed his first goal at the weekend in a 4-1 rout of Bologna.
His post-match press conference seemed to open the door of an extension of his stay and manager Carlo Ancelotti and Milan owner and Italian Premier Silvio Berlusconi have both spoken of his readiness to retain the former England captain.
British tabloid reports suggest wife Victoria is less keen on staying in Italy and does not want to uproot their three sons after their previous spell in a non-English speaking country with Real Madrid.
Galliani said Milan would be willing to soften the blow of any loss in earnings if Beckham broke his highly lucrative deal with the Galaxy and MLS.