AC Milan are reportedly set to sell goalkeeper Gianluigi Donnarumma to Paris Saint-Germain, and plan to reinvest the fee on James Rodriguez or Isco.

According to La Gazzetta dello Sport, the 20-year-old stopper is on the verge of agreeing terms with the French champions, which would see him reunite with former Milan director Leonardo.

The Italian giants had rejected an initial bid from PSG, believed to be £18.5million plus Alphonse Areola, however.

AC Milan goalkeeper Gianluigi Donnarumma is reportedly to set to sign for PSG

The 20-year-old Italian's transfer could trigger moves for James Rodriguez or Isco to Milan

GIANLUIGI DONNARUMMA Age: 20 Height: 6ft 5 Clubs: AC Milan (2015-) Serie A appearances: 142 Clean sheets: 48 International caps: 12 Clean sheets: 5 Advertisement

It is believed that Milan are demanding a straight cash deal in order to part ways with the starlet.

And any profit generated from the transfer would be reinvested into an ambitious swoop for either Isco or Rodriguez, who are both in danger of being shipped out of the Spanish capital this summer.

The Colombian star would be available for £39m, a figure which Napoli have so far refused to match. But Real would also understandably rather sell the attacking midfielder abroad, than to arch rivals Atletico.

Isco, who is rated at £65m, would also be an option for Milan, and the Serie A giants would be likely to use their traditionally strong relationship with Real to help complete a move. A sizeable discount on the price-tag, or a payment spread out in instalments, could both be options.

Real outcast Rodriguez could be available for just £39m, although Napoli are also interested

The Spanish side need funds for an ambitious move for wantaway PSG superstar Neymar

Donnarumma's potential switch to PSG could also finally bring an end to Neymar's current transfer saga.

Boss Thomas Tuchel has made clear his intentions to sell the Brazilian superstar, and Real are purportedly attempting to secure the services of the attacker. But any switch would require an exorbitant amount of money, which could be part funded by the departures of Isco and Rodriguez.

Barcelona are also interested in a big money swoop to reunite with their former player.