The president of AC Milan and former Prime Minister of Italy, Silvio Berlusconi, wants to re-sign Ukrainian striker Andriy Shevchenko from Chelsea to replace the injured Ronaldo.
Chelsea's £30million flop is a legend back in Milan where he spent a glorious seven years and became the club's second all-time leading goalscorer before moving to the London club in the summer of 2006.
Since moving to Stamford Bridge, he has hardly captured his form and has lost the reputation as one of Europe's deadliest strikers. Spending most of his time on the bench under the Mourinho era, he was rumoured to have caused the huge rift between the ex-manager and club owner Roman Abramovich.
It is hard to see why Sheva would rule out a return to his old hunting ground if Milan were to make an offer to Chelsea. His chances of a starting berth in the side has recently taken another blow with the capture of French striker Nicolas Anelka during the January transfer window. He also seems miserable in London so a move back to Italy, a country which he loves, might be able to reignite his passion and form.
However, at 31 years of age and clearly over the hill, it is very doubtful that he would be an 'ideal choice' as a replacement for Ronaldo, another player who is approaching retirement age, or to help a club which is in a bit of a crisis.
Eight players aged thirty or older featured in the second leg of the Champion's League match against a young Arsenal side and were ran ragged. Adding another 30-something to the squad is hardly planning for the long-term nor rebuilding a squad that needs quite a heavy overhaul to challenge for domestic and European honours.
Berlusconi may be a sentimental guy and the Milan faithful would certainly welcome 'home' one of their favourite sons but the team desperately needs some new blood...thick and fast.
Ronaldo is stretchered off after his latest injury
AC Milan and Brazil striker Ronaldo's top-flight career could be over after suffering another serious setback in his injury-plagued career.
The 31 year-old former World Player of the Year had to be carried off on a stretcher after rupturing a tendon in his left knee in a match against Livorno in the Serie A. Ronaldo fell awkwardly while challenging for a ball in the air with Jose Vidigal just three minutes after replacing Alberto Gilardino in the second half.
Ronaldo: In happier times...
Livorno goalkeeper Marco Amelia, who was close by when Ronaldo fell to the ground, was reported saying he heard a 'horrible sound' before the Brazilian went down clutching his left knee in tears.
Ronaldo suffered the same injury in his right knee in November 1999 and it took him a total of 25 months out of the world game which means if the current injury took the same amount of time to fully heal, he would be 33 years old by the time he makes a return.
A concerned Milan coach Carlo Ancelotti said: "I don't want to say it's the end of his career because only time can decide - all we can do is stand by him".
The striker, who has already hardly featured this season because of a series of niggling injuries is also out of contract with AC Milan at the end of the season and it remains uncertain whether he will be offered a new contract in light of this new injury.
Whether or not a player like Ronaldo, who has won every prestigious trophy and honour in the game, still has the motivation to make a comeback from another serious injury in the twilight of his career remains to be seen.
As widely expect, AC Milan and Brazil playmaker Kaka has won the FIFA World Player of the Year award in a glittering ceremony in Zurich overnight.
In a poll of all national coaches and captains, Kaka polled 1,047 votes - more than double that of second-placed Lionel Messi (504) and third-placed Cristiano Ronaldo (426).
Chelsea and Ivory Coast striker Didier Drogba came fourth in the voting with 209, while 2004 and 2005 winner Ronaldinho came fifth after a rather bland season by his high standards.
The 25-year-old superstar was named European player of the year earlier this month and this latest accolade caps off a remarkable year for the talented attacking midfielder who led his club side AC Milan to Champions League glory in 2007, scoring 10 goals in the process.
Kaka becomes the fifth Brazilian - after Romario, Ronaldo (3), Rivaldo and Ronaldinho (2) - to win the prestigious award.
After receiving the award, Kaka said: "It's really special for me - it was a dream for me just to play for Sao Paulo and one game for Brazil,".
AC Milan's Brazilian playmaker, Kaka, has won the prestigious Ballon D'Or as European Footballer of the Year for 2007.
The Brazilian, 25, was the Champions League's top scorer last season with 10 goals as he led his team to the title, beating Liverpool in Athens in the final.
"This is very special for me - it culminates an astonishing year for me," Kaka said.
The Ballon D'Or is awarded annually by France Football magazine who poll 96 prominent football journalists for their votes on who they think is that year's best player from a shortlist of 50. In the end, Kaka won by a large margin on 444 points with second placed Cristiano Ronaldo, 22, on 277 points. Barcelona's Lionel Messi came third.
AC Milan goalkeeper Dida has had his two-match suspension reduced by UEFA following an appeal by the club.
The 34-year-old Brazilian was initially banned for two games for his theatrics following a very minor 'altercation' with a Celtic fan that had gone onto the pitch during the 2-1 defeat at Celtic Park.
The initial two-match suspension has now been reduced to just one with a further game suspended for a year.
AC Milan's grounds for appeal were that the keeper's actions was nevertheless a mistake but his error did not hinder anyone, not Celtic, nor any player. The club were also unhappy that Celtic were fined only £25,000 which, in their opinion, was lenient compared to the suspension Dida received.
The decision by UEFA to reduce the suspension is an absolute disgrace. The initial two-match suspension was by no means harsh by any standards - some would say that Dida deserved to have been heavily punished for tarnishing the reputation and integrity of the game.
By reducing the length of the suspension, UEFA has effectively condoned the keeper's actions and that any other player thinking of doing the same in the future can expect just a one-match ban.
Who else thinks Celtic should reduce the fan's lifetime banishment from the club's matches now? They might as bloody well!
Dida is stretchered off after being tapped by a fan
AC Milan's play acting 'genius' Dida received a two-match ban from UEFA for his ludicrous theatrics in last week's controversial Champions League match again Scottish side Celtic.
Dida was found to have breached UEFA's 'principles of loyalty, integrity and sportsmanship' for writhing around in feigned agony near the goalmouth when approached by a Celtic supporting pitch-invader who had barely tapped him on/near the collarbone.
Celtic have been fined £25,000, half of which is suspended, for their part in the incident by UEFA.
Celtic has banned the fan from all the club's matches - both home and away - for life.
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