AC Milan are preparing to take a more serious approach to the transfer market having secured their place in the Champions League group stage on Tuesday night.

A 3-1 aggregate success over Red Star Belgrade means the Rossoneri can now count on the added financial bonus of top level European football next season and can splash out accordingly. Topping their wanted list is Real Madrid star Ronaldo and Milan vice-president Adriano Galliani headed to the Spanish capital on Wednesday hoping to return with the Brazilian striker.

"We have asked for Ronaldo from Real and the player is keen, but first of all we need to negotiate with Real Madrid," said Galliani after Milan's win in Serbia.