AC Milan general manager Adriano Galliani admits the Rossoneri's offer for David Beckham is currently a long way off what the Los Angeles Galaxy are demanding.
The Serie A club and Beckham have made no secret about the fact that they want to make the England midfielder's short-term loan move permanent.
Milan and the Galaxy are currently in negotiations and Galliani is hopeful the two parties will arrive at an agreement before Beckham is due back in America on March 9.
"We have made an offer to Galaxy and they didn't accept it," he told Sky Italia. "However, there's a willingness to talk between a party who's making an offer, which is Milan, and another who's evaluating it.
"At the moment we're very far apart but there is still a month left.
"(Galaxy president) Tim Leiweke decides for them. I write to him and he responds."
Beckham has been a revelation since arriving at Milan, where he has scored two goals.
The 33-year-old's form has been so crucial that coach Carlo Ancelotti has included him in Milan's UEFA Cup list despite the possibility that the midfielder may only feature in two matches, while Beckham has also made England coach Fabio Capello's squad for next week's friendly against Spain.
"He is doing really well," continued Galliani. "And he has an incredible strength of will.
"Last Wednesday we played in Glasgow, he had a cough and a really bad cold but he didn't want to be substituted.
"Beckham is polite, he packs his own bags, cleans his shoes on his own, opens and closes the bottle of water and returns it, without throwing it away.
"He's one of the old-school players, the kind I like."