AC Milan sporting director Massimiliano Mirabelli has revealed that the club are still "waiting for a response" from goalkeeper Gianluigi Donnarumma on whether he intends to sign a new deal.
The 18-year-old's future remains in the balance after turning down the Rossoneri's first contract offer earlier in the summer, leaving the likes of Real Madrid and Juventus prowling.
Reports on Tuesday that the Italy international has agreed a new five-year deal at San Siro appear to be incorrect as Milan are awaiting a decision from Donnarumma, which they hope to receive in the next couple of days.
"Gigio knows what our position is," Mirabelli told Premium Sport. "He knows what we've offered. We'll wait, but not too long. We need to know where we are.
"On the 27th we'll go to play what we've achieved after several years, i.e. the Europa League, and we need to have clear ideas about that role.
"We don't have it now, so we hope to in the next 48 hours. It's not an ultimatum, but we're going forward and there's more risk of having an incomplete Milan in great difficulty. We're waiting for a response soon."
Donnarumma, who started all 38 league games last season, is said to have been offered wages of £167,000 a week to remain at the club.