Milan is currently 14th in Serie A and has scored 11 goals in 12 matches in the Italian top flight so far this term.
Ibrahimovic played for Milan between 2010 and 2012 and scored 56 goals in 85 games during his time the club, helping them to the Serie A title in 2011.
The forward’s contract at LA Galaxy officially expires in December. He scored 31 goals in 31 games during the last MLS campaign.
When does the January transfer window open?
As the January transfer window inches ever closer, clubs across the Premier League, Europe and beyond will be identifying potential transfer targets and holding discussions with clubs and agents over future deals.