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The Argentine has been left to ponder his future after the Rossoneri confirmed they would not be taking up their option to sign him permanently

Argentine forward Maxi Lopez will not be signed on a permanent basis by AC Milan, as recently confirmed by club vice-president Adriano Galliani, and is now in the hunt for a new club.

The 28-year-old former Barcelona man arrived at the San Siro on a loan-to-buy deal from Catania that saw the Rossoneri fork out an initial €1.5 million.

Seen as an alternative after having failed to sign Manchester City striker Carlos Tevez
, Milan have decided against spending the extra €8m to tie up a permanent deal.

"Maxi Lopez always carried himself in an excellent manner, explaining how he became a fan favourite," agent Andrea D’Amico told Tuttomercatoweb.

"He is a top level player who did well when called upon by Milan, putting himself under the spotlight in the right ways.

"We'll now work on finding a solution for him."

Despite expressing his hopes that he would be able to complete the move, it appears Maxi Lopez did not make the cut after scoring only one Serie A goal in eight league games.

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