Bayern Munich have already reached an agreement with AC Milan midfielder Gennaro Gattuso, according to reports.

The Italy international has been targeted by the Bundesliga club to boost their team for an assault on the Champions League next season while striker Luca Toni has repeatedly stated he would welcome a compatriot in the Bayern team next season.

According to Italy's Italia 1 television, the Bavarians have been able to convince the 30-year-old to join with a lucrative contract offer and are now set for talks with his club over a fee.

Earlier this week, Bayern president Franz Beckenbauer claimed Gattuso would be "perfect" for Bayern.

With Milan having signed Mathieu Flamini from Arsenal, Gattuso may now be allowed to leave should the club receive the right offer, believed to be around 20million euros.

The Rossoneri may also ask for unsettled Bayern full-back Willy Sagnol as a makeweight for a deal, according to reports in Italy and Germany.