Inter and AC Milan have shown an interest in Frank Lampard after learning the England midfielder can leave Chelsea for £8m in the summer.
Lampard, 28, has yet to sign a new contract and could walk away from the Blues under a little-known Fifa rule.
AC Milan's general director Ariedo Braida told the Mail on Sunday: "Is this true? Lampard for £8m? If this is the case it is very interesting news."
The newspaper also claimed Inter coach Roberto Mancini is keen on Lampard.
The Fifa rule states that players who have served three years of a contract they signed before the age of 28 can buy themselves out - as long as they give 15 days' notice.
And Lampard's agent Steve Kutner recently said that talks between the player and Chelsea on extending the former West Ham star's career at Stamford Bridge are only at the preliminary stage.
That has already alerted the likes of Spanish giants Barcelona and Real Madrid but the two big guns from Milan have now come into the equation.
Braida said: "Lampard is a very good player, one of the best around, and this situation is something I wasn't aware of at all."
