Milan chief executive Adriano Galliani is hopeful David Beckham’s future could be resolved by Friday.
The England midfielder is currently on loan at the Serie A outfit but is due to return to parent club Los Angeles Galaxy on 9th March.
His American club have stated their desire to keep Beckham but the player is looking for a permanent stay in Italy.
Milan’s attempts to agree a deal with the MLS and Galaxy have failed thus far, but Galliani is confident there could be developments by the end of the week.
“There is still a bit of distance but Friday could be the decisive day for Beckham,” Galliani told reporters.
“The wish of the player is to stay, we will see how the situation evolves.”
“We are negotiating and trying to resolve the problem.
“We will have to wait and see how this situation develops – there is still time.”
Meanwhile, Beckham does not believe defeat in the Milan derby on Sunday will hurt his chances of a permanent transfer to the San Siro.
“I am disappointed because our hopes of winning the Scudetto are truly minimal,” said Beckham.
“But this doesn’t alter our plans. I know that Milan want me until the end of the season.”