Loftus-Cheek is one of the players Chelsea are prepared to listen to offers for as they continue to restructure their bloated squad this summer.
The midfielder has suitors in the Premier League but interest from AC Milan has intrigued the player.
The Rossoneri have been keeping tabs on him all summer and talks have been ongoing between the two clubs for weeks.
But according to Italian outlet Calciomercato.com, the negotiations are now at an advanced stage between AC Milan and Chelsea.
After fencing around for several weeks for Loftus-Cheek, AC Milan are prepared to sink their teeth and get the deal done.
The talks are entering a decisive stage and the Serie A giants are hoping to get a deal over the line soon.
AC Milan believe that they will be able to take Loftus-Cheek to the San Siro for a fee of €15m.
It remains to be seen if the midfielder can make a big impact in Serie A along the lines of other English imports.
