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Chelsea and Manchester City have been given the green light to sign Real Madrid playmaker Kaka - providing they pay a whopping £50million

Both the Premier League clubes are keen on the Brazil international as they prepare for seguinte season, with City set for a huge summer spending spree after qualifying for seguinte season's Champions League.

AC Milan are also believed to be keen on signing Kaka for a segundo time and according to The People, Real Madrid are now ready to let Kaka leave the Bernabeu - but only if their £50m valuation is met.

The 29-year-old's mother claimed last week on Twitter that...