Balotelli has made no secret that he won't be playing for Nice this season, despite seeing a revival of form under the Ligue 1 club.
"It is almost certain that I will not stay," he revealed. "I am still not sure, but it is most likely that it will be my last season here."
Having failed to sign a contract extension, it means the 27-year-old will be a free agent in the summer and there are a host of clubs reportedly interested in acquiring his services.
One that won't be is AC Milan though, who Balotelli has already played for in two spells, with the striker conceding that the Italian club aren't in the market for signing him.
"My future? There are many teams in Italy that follow me," he told 'Calciomercato'.
"I can say that Milan is not among those clubs. I would like to return to an Italian club. Milan? It is not possible.'